Martin Marietta Materials Inc.'s (MLM) fourth-quarter net loss attributable to the Corporation was $3.2 million or $0.07 per share versus an earnings of $25.3 million or $0.60 per share. On average, 16 analysts polled by Thomson Reuters expected earnings per share of $0.33 for the quarter. Analysts' estimate typically excludes one-time items.
Net sales for the quarter were $327.8 million, a 20.7% decrease versus the $413.5 million recorded in the fourth quarter of 2008. Total revenues decreased to $374.7 million from $470.5 million last year. Thirteen analysts estimated revenues of $383.01 million for the quarter.
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