- Vulcan Materials press release ( NYSE: VMC ): Q4 Non-GAAP EPS of $1.08 misses by $0.18 .
- Revenue of $1.73B (+7.5% Y/Y) misses by $110M .
- FY23 Outlook:
- Continued acceleration in Aggregates segment cash gross profit per ton improvement ($7.83 in 2022)
- Total Asphalt, Concrete and Calcium segment cash gross profit collectively in line with 2022 ($268 million in 2022)
- Selling, Administrative and General expenses of $515 to $530 million
- Interest expense of approximately $195 million
- Depreciation, depletion, accretion, and amortization expense of approximately $610 million
- An effective tax rate of approximately 22 percent
- Net earnings attributable to Vulcan of between $715 and $835 million
- Adjusted EBITDA of between $1.725 and $1.875 billion
For further details see:
Vulcan Materials Non-GAAP EPS of $1.08 misses by $0.18, revenue of $1.73B misses by $110M