Vulcan Materials Q2 Earnings Beat, 2026 Outlook Intact

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Summary · why it matters

Vulcan Materials Company reported second-quarter adjusted earnings of $2.59 per share, beating the Zacks Consensus Estimate of $2.50 by 3.6%, while revenues rose 2.5% year over year to $2.16 billion. Management maintained its 2026 adjusted EBITDA outlook of $2.4-$2.6 billion despite weather disruption and almost $40 million of energy-related inflation. Aggregates segment sales increased 6.9% to $1.76 billion, with cash gross profit per ton advancing to $12.02 from $11.88. Mix-adjusted aggregate pricing increased 5%, while freight-adjusted unit cash cost of sales rose 7%, driven primarily by higher diesel prices. Vulcan also sold its California ready-mixed concrete operations and its aggregates and ready-mixed concrete operations in the U.S. Virgin Islands for combined proceeds of $722.1 million, and acquired a southern Colorado quarry and a Dallas-Fort Worth rail yard from Brannan Sand & Gravel for $75 million.

Impact on assets 3

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