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Martin Marietta (MLM) bolsters portfolio with BWI Southeast acquisition and South Texas divestiture.
Evaluate the expected performance of Martin Marietta (MLM) for the quarter ended December 2023, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
RALEIGH, N.C., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE: MLM) (“Martin Marietta” or the “Company”) will host its fourth-quarter and full-year 2023 earnings conference call on Wednesday, February 14, 2024, at 10:00 a.m. Eastern Time. The Company will release results for the quarter and year ended December 31, 2023, that morning before the market opens.
MDC's fourth-quarter 2023 performance is likely to reflect the soft housing demand from a year-ago period, attributable to a rise in mortgage rates. Also, low ASP is likely to hurt results.
Martin Marietta (MLM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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Martin Marietta (MLM) strengthens its market foothold and secures 60 years of reserves in a strategic Colorado move.
Strong public infrastructure demand and aggregates pricing aid Martin Marietta (MLM). Also, the emphasis on strategic divestitures bodes well.
Martin Marietta (MLM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
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