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Martin Marietta Higher Ahead of Earnings

Martin Marietta Higher Ahead of Earnings

Write: Zarna [2011-05-20]

Martin Marietta Higher Ahead of EarningsNew York, Nov. 1, 2010 - Shares of Martin Marietta Materials, Inc. are trading higher by +0.78% ahead of its quarterly earnings release. Martin Marietta, the maker of construction aggregates is expected to release its quarterly results on November 2nd.
Wall Street Analysts consensus calls for a profit of $1.17 a share on $514.51 million revenue.
Martin Marietta estimates have a range of $0.36 a share. The high estimate calls for profit of $1.34 a share and the low estimate is calling for a profit of $0.98 a share, a year ago for the quarter the company reported $1.23 a share.
Martin Marietta Materials, Inc. produces aggregates for the construction industry, including highways, infrastructure, commercial, and residential. The Company also manufactures and markets magnesia-based products, including heat-resistant refractory products for the steel industry, chemical products for industrial and environmental uses.