Vulcan Materials Co. Q2 Profit Increases, But Misses Estimates

(RTTNews) - Vulcan Materials Co. (VMC) announced a profit for its second quarter that Increased from last year but missed the Street estimates.

The company's earnings totaled $321 million, or $2.43 per share. This compares with $308 million, or $2.33 per share, last year.

Excluding items, Vulcan Materials Co. reported adjusted earnings of $2.45 per share for the period.

Analysts on average had expected the company to earn $2.52 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 4.4% to $2.102 billion from $2.014 billion last year.

Vulcan Materials Co. earnings at a glance (GAAP) :

-Earnings: $321 Mln. vs. $308 Mln. last year. -EPS: $2.43 vs. $2.33 last year. -Revenue: $2.102 Bln vs. $2.014 Bln last year.