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Martin Marietta: Q2 Earnings Snapshot
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RALEIGH, N.C. (AP) — RALEIGH, N.C. (AP) — Martin Marietta Materials Inc. (MLM) on Thursday reported second-quarter net income of $251 million.

On a per-share basis, the Raleigh, North Carolina-based company said it had net income of $4.17. Earnings, adjusted for non-recurring costs and costs related to mergers and acquisitions, came to $5 per share.

The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $4.62 per share.

The seller of granite, limestone, sand and gravel posted revenue of $1.95 billion in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $1.87 billion.

Martin Marietta expects full-year revenue in the range of $7.2 billion to $7.4 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MLM at https://www.zacks.com/ap/MLM

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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