BIRMINGHAM, Ala. (AP) — BIRMINGHAM, Ala. (AP) — Vulcan Materials Co. (VMC) on Wednesday reported third-quarter earnings of $207.6 million.
The Birmingham, Alabama-based company said it had profit of $1.56 per share. Earnings, adjusted for non-recurring costs and to account for discontinued operations, were $2.22 per share.
The results missed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.34 per share.
The construction materials company posted revenue of $2 billion in the period, also falling short of Street forecasts. Seven analysts surveyed by Zacks expected $2.03 billion.
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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
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