Investing.com - Vulcan Materials reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Vulcan Materials announced earnings per share of $1.53 on revenue of $1.95B. Analysts polled by Investing.com anticipated EPS of $1.68 on revenue of $1.86B.
Vulcan Materials shares are up 5% from the beginning of the year and are trading at $166.25 , down-from-52-week-high.They are outperforming the S&P 500 which is down 12.82% from the start of the year.
Vulcan Materials follows other major Materials sector earnings this month
Vulcan Materials's report follows an earnings missed by Sherwin-Williams on Wednesday, July 27, 2022, who reported EPS of $2.41 on revenue of $5.87B, compared to forecasts EPS of $2.77 on revenue of $6.03B.
Vale ADR had beat expectations on Thursday, July 28, 2022 with second quarter EPS of $1.32 on revenue of $11.16B, compared to forecast for EPS of $0.8013 on revenue of $11.38B.
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