Martin Marietta Materials (NYSE: MLM ) is expected to report Q4 earnings around Feb. 7. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Martin Marietta Materials's revenues will expand 11.9% and EPS will decrease 0.0%.
The average estimate for revenue is $471.1 million. On the bottom line, the average EPS estimate is $0.52.
Last quarter, Martin Marietta Materials booked revenue of $593.9 million. GAAP reported sales were 18% higher than the prior-year quarter's $502.4 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $1.37. GAAP EPS of $1.36 for Q3 were 27% higher than the prior-year quarter's $1.07 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 20.8%, 150 basis points worse than the prior-year quarter. Operating margin was 15.3%, 120 basis points worse than the prior-year quarter. Net margin was 10.6%, 80 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $2.01 billion. The average EPS estimate is $2.36.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 154 members out of 179 rating the stock outperform, and 25 members rating it underperform. Among 65 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 59 give Martin Marietta Materials a green thumbs-up, and six give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Martin Marietta Materials is outperform, with an average price target of $88.30.
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