Vulcan: Q2 Earnings Snapshot

August 4, 2022 GMT

BIRMINGHAM, Ala. (AP) _ Vulcan Materials Co. (VMC) on Thursday reported second-quarter earnings of $187.3 million.

The Birmingham, Alabama-based company said it had profit of $1.40 per share. Earnings, adjusted to account for discontinued operations and non-recurring costs, were $1.53 per share.

The results missed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.66 per share.

The construction materials company posted revenue of $1.95 billion in the period, which topped Street forecasts. Seven analysts surveyed by Zacks expected $1.85 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 VMC at https://www.zacks.com/ap/VMC