MLM Stock Recent News

Martin Marietta Materials, Inc. (NYSE:MLM ) Q1 2025 Earnings Conference Call April 30, 2025 11:00 AM ET Company Participants Jacklyn Rooker - Director of Investor Relations Howard Nye - Chairman of the Board, President and Chief Executive Officer Robert Cardin - Senior Vice President, Interim Chief Financial Officer, Controller and Chief Accounting Officer Conference Call Participants Kathryn Thompson - Thompson Research Group Trey Grooms - Stephens Jerry Revich - Goldman Sachs Philip Ng - Jefferies Tyler Brown - Raymond James Angel Castillo - Morgan Stanley Anthony Pettinari - Citi Timna Tanners - Wolfe Research Steven Fisher - UBS Michael Dudas - Vertical Research David MacGregor - Longbow Research Brent Thielman - D.A. Davidson Adam Thalhimer - Thompson Davis Keith Hughes - Truist Securities Garik Shmois - Loop Capital Andrew Maser - Stifel Operator Ladies and gentlemen, welcome to Martin Marietta's First Quarter 2025 Earnings Conference Call.

MLM's first-quarter results reflect higher aggregates shipments, strong pricing actions and cost control efforts.

The headline numbers for Martin Marietta (MLM) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Martin Marietta (MLM) came out with quarterly earnings of $1.90 per share, missing the Zacks Consensus Estimate of $1.94 per share. This compares to earnings of $1.93 per share a year ago.

Pricing Momentum, Cost Discipline and Acquisition Contributions Drive Margin Expansion Double-Digit Aggregates Gross Profit Per Ton Growth Drives Record  First Quarter Aggregates Profitability Magnesia Specialties Posts Quarterly Records for Revenues and Profitability RALEIGH, N.C., April 30, 2025 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE: MLM) (“Martin Marietta” or the “Company”), a leading national supplier of aggregates and heavy building materials, today reported results for the first quarter ended March 31, 2025.

MLM's first-quarter results are likely to reflect solid pricing amid adverse weather conditions and cost inflation.

Federal spending drives growth, but high rates and labor shortages weigh on construction in 2025. DFH, PRIM, PCH, MLM and MTZ from the Zacks Construction sector are set to beat expectations.

I maintain a 'hold' rating on Martin Marietta Materials due to high share prices and mixed financial performance. Recent financials show revenue growth in aggregates but declines in cement and ready mixed concrete due to asset sales and market softness. Management's optimistic 2025 outlook is tempered by economic uncertainties and a higher valuation compared to similar firms.

Martin Marietta (MLM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.