Vulcan Matrls Stock Price, News & Analysis

Vulcan Materials Company (NYSE: VMC) reported a strong financial performance for Q4 2021, with total revenues increasing 37% to $1.606 billion, bolstered by the USCR acquisition and growth in legacy aggregates. Gross profit rose 18% to $326 million, while adjusted EBITDA increased 23% to $383 million. Full-year revenues reached $5.6 billion, a 14% annual growth. Despite inflationary pressures, the company anticipates continued growth in 2022, projecting net earnings between $800 and $890 million. Challenges include potential impacts from labor shortages and supply chain disruptions.

Vulcan Materials Company (NYSE: VMC) has declared a quarterly cash dividend of $0.40 per share, marking a 7.5% increase from the previous $0.37. The dividend will be payable on March 14, 2022 to shareholders of record by March 1, 2022. CEO Tom Hill emphasized that this increase reflects the company's strong cash generation and financial strength, showcasing confidence in future performance and shareholder value.

Vulcan Materials Company (NYSE: VMC) has scheduled its fourth quarter earnings conference call for February 16 at 10:00 a.m. CT. Financial results will be disclosed prior to the NYSE market opening. Interested parties can join the live webcast through the company's website or participate via phone by calling 800-891-3968. International participants can dial 785-424-1250 using conference ID 9125567. Vulcan, headquartered in Birmingham, Alabama, is the leading supplier of construction aggregates and a significant producer of construction materials.

Vulcan Materials Company (NYSE: VMC) reported significant third-quarter financial results for 2021, achieving total revenues of $1.52 billion, a 16% increase from the prior year. Operating earnings fell to $262 million due to acquisition-related expenses and increased costs. Aggregates gross profit rose 10% to $372 million, driven by a 5% increase in same-store volumes and a 3.5% rise in mix-adjusted price. Adjusted EBITDA grew 4% to $418 million. The full-year Adjusted EBITDA guidance was raised to between $1.430 and $1.460 billion, reflecting strong demand in construction and effective cost management.

Vulcan Materials Company (NYSE: VMC) will host its third quarter earnings conference call on November 4, 2021, at 9:00 a.m. CT (10:00 a.m. ET). Financial results for the quarter ending September 30, 2021 will be released prior to market opening. Investors can listen via webcast at www.vulcanmaterials.com or by calling 866-831-8713. The company, based in Birmingham, Alabama, is the largest supplier of construction aggregates in the U.S., producing materials like crushed stone, sand, and asphalt.

The Board of Directors of Vulcan Materials Company (NYSE: VMC) has announced a quarterly cash dividend of 37 cents per share on its common stock. This payment is set for December 2, 2021, to shareholders on record as of November 16, 2021. As the largest producer of construction aggregates in the U.S., Vulcan continues to demonstrate financial stability and commitment to returning value to its shareholders. Further information about the company can be found on their official website.

Vulcan Materials Company (NYSE: VMC) has successfully concluded its acquisition of U.S. Concrete, marking a significant milestone in its growth strategy. The integration enhances Vulcan's scale in the aggregates sector and expands its geographic reach into key metropolitan areas. U.S. Concrete's stock has ceased trading on NASDAQ, as it is now fully owned by Vulcan. Chairman and CEO Tom Hill emphasized the cultural alignment and operational synergies expected from this acquisition, which aims to foster innovation and operational excellence.

Vulcan Materials Company (NYSE: VMC) reported its second-quarter results for 2021, highlighting net earnings of $195 million or $1.46 per diluted share. Adjusted EBITDA reached $406 million, with aggregates gross profit increasing by 6% to $374 million. The company's proposed acquisition of U.S. Concrete is expected to close in the latter half of 2021. Despite facing challenges like energy inflation, which impacted earnings by $25 million, Vulcan remains optimistic about achieving its full-year 2021 Adjusted EBITDA guidance of $1.380 to $1.460 billion.

Vulcan Materials Company (NYSE: VMC) will host its second quarter earnings conference call on August 4, 2021, at 10:00 a.m. CT. Financial results for the quarter ending June 30, 2021, will be released prior to market opening. Interested parties can join the webcast at www.vulcanmaterials.com or participate via phone by calling 833-962-1439 or 832-900-4623 for international calls. Replay of the webcast will be available post-call.