2024-04-30 17:11:13 ET
Martin Marietta Materials, Inc. (MLM)
Q1 2024 Earnings Conference Call
April 30, 2024 10:00 AM ET
Company Participants
Jacklyn Rooker - Director, Investor Relations
Howard Nye - Chair and Chief Executive Officer
Jim Nickolas - Executive Vice President and Chief Financial Officer
Conference Call Participants
Trey Grooms - Stephens
Kathryn Thompson - Thompson Research Group
Stanley Elliott - Stifel
Anthony Pettinari - Citi
Jatin Khanna - Goldman Sachs
Angel Castillo - Morgan Stanley
Garik Shmois - Loop Capital Markets
Keith Hughes - Truist
Phil Ng - Jeffries
Brent Thielman - D.A. Davidson
Michael Dudas - Vertical Research
Adam Thalhimer - Thompson Davis
David MacGregor - Longbow Research
Timna Tanners - Wolfe Research
Presentation
Operator
Welcome to Martin Marietta's First Quarter 2024 Earnings Call. All participants are now in a listen-only mode. A question-and-answer session will follow the company's prepared remarks. As a reminder, today's call is being recorded and will be available for replay on the Company's website.
I will now turn the call over to your host, Ms. Jacklyn Rooker, Martin Marietta's Director of Investor Relations. Jacklyn, you may begin.
Jacklyn Rooker
Good morning, and thank you for joining Martin Marietta's first quarter 2024 earnings call. With me today are Howard Nye, Chair and Chief Executive Officer; and Jim Nickolas, Executive Vice President and Chief Financial Officer.
Today's discussion may include forward-looking statements as defined by United States Securities Laws in connection with future events, future operating results or financial performance. Like other businesses, Martin Marietta is subject to risks and uncertainties that could cause actual results to differ materially. We undertake no obligation, except as legally required to publicly update or revise any forward-looking statements, whether resulting from new information, future developments, or otherwise. Please refer to the legal disclaimers contained in today's earnings release and other public filings, which are available on both our own and the Securities and Exchange Commission's websites.
We have made available during this webcast and on the Investors section of our website, supplemental information that summarizes our financial results and trends. As a reminder, all financial and operating results discussed today are for continuing operations. In addition, non-GAAP measures are defined and reconciled to the most directly comparable GAAP measure in the appendix to the supplemental information as well as our filings with the SEC and are also available on our website. Howard Nye will begin today's earnings call with a discussion of our first quarter operating performance and our recently completed transactions, as well as market trends.
Jim Nickolas will then review our financial results and capital allocation, after which Howard will provide some brief concluding remarks. A question-and-answer session will follow. Please limit your Q&A participation to one question.
I will now turn the call over to Howard.
Howard Nye
Thank you, Jacklyn, and welcome, everyone, and thank you for joining today's teleconference. Martin Marietta's continued growth and results demonstrate our industry-leading performance and disciplined adherence to, and execution of, our proven Strategic Operating Analysis and Review or SOAR plan....
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Martin Marietta Materials, Inc. (MLM) Q1 2024 Earnings Call Transcript