RALEIGH, N.C. (AP) — Martin Marietta Materials Inc. (MLM) on Thursday reported third-quarter earnings of $294.4 million.

The Raleigh, North Carolina-based company said it had profit of $4.71 per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $3.76 per share.

The seller of granite, limestone, sand and gravel posted revenue of $1.32 billion in the period. Its adjusted revenue was $1.24 billion.

Martin Marietta shares have declined 12% since the beginning of the year. The stock has fallen 8% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MLM at https://www.zacks.com/ap/MLM

Recommended for you

Copyright by Automated Insights, Inc. All rights reserved.

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.