Vulcan: Q4 Earnings Snapshot

BIRMINGHAM, Ala. (AP) — BIRMINGHAM, Ala. (AP) — Vulcan Materials Co. (VMC) on Friday reported fourth-quarter earnings of $227.5 million.

On a per-share basis, the Birmingham, Alabama-based company said it had net income of $1.70. Earnings, adjusted for non-recurring gains, were $1.46 per share.

The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.36 per share.

The construction materials company posted revenue of $1.83 billion in the period, also beating Street forecasts. Seven analysts surveyed by Zacks expected $1.82 billion.

For the year, the company reported profit of $933.2 million, or $6.98 per share. Revenue was reported as $7.78 billion.

_____

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