Vulcan Materials Company (VMC), the nation's largest producer of construction aggregates, reported fourth quarter net income of $38.02 million or $0.28 per share, compared to $9.08 million or $0.07 per share, prior year. Earnings per share from continuing operations was $0.29, compared to $0.08.
On average, 15 analysts polled by Thomson Reuters expected the company to report profit per share of $0.27 for the quarter. Analysts' estimates typically exclude special items.
Revenues increased to $755.03 million from $680.25 million last year. Analysts expected revenue of $695.85 million for the quarter.
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