VMC Earnings Prediction
The chart below shows how VMC performed 10 days before and after its earnings report, based on data from the past quarters. Typically, VMC sees a -2.79% change in stock price 10 days leading up to the earnings, and a +2.52% change 10 days following the report. On the earnings day itself, the stock moves by +0.85%. This data can give you a slight idea of what to expect for the next quarter's release.
VMC Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
2.00B
-8.32%
-0.52%
Gross Margin
28.20%
4.29%
-4.08%
Operating Margin
21.17%
4.18%
-5.58%
Net Margin
10.46%
-18.35%
-32.08%
EPS
1.56
-24.64%
-32.47%
No Data Available
VMC Earnings Analysis
Vulcan Materials Company(Holding Company) Corporation (VMC.N) Earnings Conference Call
Positive
Cash Flow Increase: 1. Strong Cash Flow Generation: Vulcan Materials generated nearly $1 billion of operating cash flow in the first nine months of the year, reflecting a 36% increase in free cash flow year-to-date.
Profitability Improvement: 2. Improved Profitability Metrics: The asphalt business maintained healthy margins at nearly 16% in Q3, while cash unit profitability improved by 11%.
Aggregate Supplier Acquisition: 3. Strategic Acquisition: The company announced the acquisition of Wake Stone Corporation, a leading aggregate supplier in the Carolinas, which aligns with their aggregates-led growth strategy.
Effective Cost Control: 4. Cost Management Success: Selling, administrative, and general expenses (SAG) were $129 million, or 6.4% of revenues, which is 10% lower than the prior year, demonstrating effective cost control measures.
Pricing Environment Improvement: 5. Positive Pricing Environment: Freight-adjusted average selling prices improved by 10% year-over-year, indicating a strong pricing environment across various geographies.
Negative
Shipment Decline Analysis: 1. Decline in Aggregate Shipments: Aggregate shipments decreased by 10% year-over-year, significantly impacted by extreme weather events, including four hurricanes.
Decline in Adjusted EBITDA: 2. Lower Adjusted EBITDA: Adjusted EBITDA for the quarter was $581 million, reflecting a modest decline compared to the previous year due to lower aggregate shipments and the divestiture of the Texas concrete business.
Hurricane Impact on Shipments: 3. Weather-Related Disruptions: The final week of September saw a 25% drop in shipments due to Hurricane Helene, contributing to the overall 10% decline in quarterly shipments.
Weak Private Demand Impact: 4. Weak Private Demand: The concrete business on the West Coast experienced compressed margins due to weak private demand, particularly in Northern California, affecting overall profitability.
Cost Management Challenges: 5. Increased Cost Pressures: Despite efforts to control costs, the company faced ongoing double-digit cost increases, which were exacerbated by weather-related challenges and lower volumes.
VMC FAQs
How does VMC typically perform around its earnings report dates?
Is Vulcan Materials Company (VMC) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
VMC Earning Call Sentiment
Vulcan Materials Company (VMC) Q3 2024 Earnings Call Transcript
VMC.N
-0.92%Positive
The earnings call reflects strong financial performance with consistent improvements in cash gross profit and return on invested capital. Despite weather disruptions impacting shipments, the company maintains a positive outlook with expected growth in aggregate shipments and prices. The strategic acquisitions and shareholder return plan further bolster confidence. The Q&A session highlights management's optimism in pricing and volume growth, although some uncertainties remain with the recent acquisition. Overall, the positive financial metrics and optimistic guidance suggest a likely positive stock price movement.