Martin Marietta Materials, Inc. Announces Rise In Q2 Profit, Beats Estimates

(RTTNews) - Martin Marietta Materials, Inc. (MLM) revealed a profit for its second quarter that Increases, from last year and beat the Street estimates.

The company's bottom line totaled $328 million, or $5.43 per share. This compares with $294 million, or $4.76 per share, last year.

Analysts on average had expected the company to earn $5.26 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 2.7% to $1.811 billion from $1.764 billion last year.

Martin Marietta Materials, Inc. earnings at a glance (GAAP) :

-Earnings: $328 Mln. vs. $294 Mln. last year. -EPS: $5.43 vs. $4.76 last year. -Revenue: $1.811 Bln vs. $1.764 Bln last year.

-Guidance: Full year revenue guidance: $6.820-$7.120 Bln