Martin Marietta Materials (NYSE:MLM) reported its Q1 earnings results on Tuesday, May 3, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
Martin Marietta Materials missed estimated earnings by 42.65%, reporting an EPS of $0.39 versus an estimate of $0.68.
Revenue was up $226.10 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.23 which was followed by a 2.02% drop in the share price the next day.
Here's a look at Martin Marietta Materials's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 2.92 | 4.24 | 3.92 | 0.51 |
| EPS Actual | 3.15 | 4.25 | 3.81 | 1.04 |
| Revenue Estimate | 1.34B | 1.41B | 1.30B | 911.41M |
| Revenue Actual | 1.41B | 1.46B | 1.38B | 921.90M |
To track all earnings releases for Martin Marietta Materials visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
