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Vulcan Materials Co (VMC)

VMC on New York Consolidated

113.97USD
18 Aug 2017
Change (% chg)

$-0.14 (-0.12%)
Prev Close
$114.11
Open
$113.92
Day's High
$114.55
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$112.12
Volume
922,633
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$138.18
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$105.71

Latest Key Developments (Source: Significant Developments)

Vulcan Materials reports Q2 earnings of $0.83/share from cont ops
Wednesday, 2 Aug 2017 08:00am EDT 

Aug 2 (Reuters) - Vulcan Materials Co ::Vulcan announces second quarter 2017 results.Q2 earnings per share $0.83 from continuing operations.Q2 earnings per share view $1.20 -- Thomson Reuters I/B/E/S.Q2 revenue view $1.07 billion -- Thomson Reuters I/B/E/S.Q2 total revenues increased $74 million, or 8 percent, to $1.03 billion .Qtrly adjusted earnings from continuing operations were $0.90 per diluted share.Revised 2017 outlook for shipments to between 182 and 187 million tons.Project full year 2017 adjusted EBITDA of between $1.05 and $1.13 billion.Qtrly aggregates shipments decreased 2 percent versus prior year's quarter and same-store shipments declined 3 percent.  Full Article

Vulcan Materials says priced offering of $250 mln senior unsecured floating rate notes
Monday, 12 Jun 2017 05:34pm EDT 

June 12 (Reuters) - Vulcan Materials Co ::Vulcan Materials Co - on june 12, priced offering of $250 million senior unsecured floating rate notes due 2020 - sec filing.Vulcan Materials Co -also priced $50 million aggregate principal amount of senior unsecured 3.90 pct notes due 2027.Vulcan Materials Co - on june 12, co also priced its offering of $700 million aggregate principal amount of senior unsecured 4.50 pct notes due 2047.  Full Article

Vulcan Materials to buy Aggregates USA LLC for $900 mln
Thursday, 25 May 2017 06:30am EDT 

May 25 (Reuters) - Vulcan Materials Co :Vulcan announces agreement to acquire Aggregates USA LLC.Deal for $900 million in cash.Vulcan Materials Co says expects transaction to be accretive to company's earnings per share in first year following close.Reached a definitive agreement with SPO Partners to acquire its Aggregates business, Aggregates USA LLC.Acquisition complements and expands Vulcan's service offerings in Georgia with three granite quarries.Acquisition includes 12 limestone quarries in Eastern Tennessee and Southwest Virginia.Vulcan may divest several quarries in Tennessee to a third party in order to expedite regulatory approval process.  Full Article

Vulcan reports Q1 earnings per share $0.32 from continuing operations
Wednesday, 10 May 2017 08:00am EDT 

May 10 (Reuters) - Vulcan Materials Co : :Vulcan Materials Co qtrly total revenues increased $33 million, or 4 percent, to $787 million.Vulcan announces first quarter 2017 results.Q1 earnings per share $0.32 from continuing operations.Q1 earnings per share view $0.20 -- Thomson Reuters I/B/E/S.Vulcan Materials Co qtrly shipments decreased 2 percent, or 1.0 million tons, to 38.2 million tons.Vulcan Materials Co - our expectation for full year adjusted ebitda of $1.125 to $1.225 billion.Vulcan Materials Co - reaffirms full year earnings outlook.Q1 revenue view $740.2 million -- Thomson Reuters I/B/E/S.Vulcan Materials Co qtrly aggregates segment sales increased $15 million, or 2 percent, to $650 million.Says Q1 adjusted earnings from continuing operations were $0.34 per diluted share.Vulcan Materials Co qtrly aggregates freight-adjusted revenues increased $10 million, or 2 percent, to $497 million.  Full Article

Vulcan Materials CEO Thomas Hill's FY 2016 total compensation was $7.53 mln vs $8.3 mln in FY 2015 - SEC filing
Monday, 27 Mar 2017 04:46pm EDT 

Vulcan Materials Co : CEO Thomas Hill's FY 2016 total compensation was $7.53 million versus $8.3 million in FY 2015 - SEC filing .Vulcan Materials Co - CFO John McPherson's total compensation in 2016 was $5.7 million versus $5.1 million in 2015.  Full Article

Vulcan Materials proposes to issue and sell to underwriters $350 mln principal amount of 3.90% notes due 2027
Tuesday, 14 Mar 2017 04:41pm EDT 

Vulcan Materials Co :Vulcan materials co - co proposes, to issue and sell to underwriters an aggregate of $350 million principal amount of 3.90% notes due 2027.  Full Article

Vulcan Materials sets quarterly cash dividend of $0.25 per share
Friday, 10 Feb 2017 04:30pm EST 

Vulcan Materials Co : Vulcan increases quarterly dividend on common stock . Increases quarterly dividend by 25 percent .Sets quarterly cash dividend of $0.25 per share.  Full Article

Vulcan Materials says entered into new credit agreement that provides five-year $750 million unsecured revolving credit facility
Thursday, 22 Dec 2016 05:11pm EST 

Vulcan Materials Co : Vulcan Materials - On Dec 21, co entered into new credit agreement that provides five-year $750 million unsecured revolving credit facility - sec filing .Vulcan Materials Co - new credit agreement also provides for five-year $250 million unsecured delayed draw term loan facility.  Full Article

Vulcan Materials says full year 2016 aggregates shipments unlikely to reach 190 mln tons
Wednesday, 28 Sep 2016 05:08pm EDT 

Vulcan Materials Co : "headwinds seen in 2016 should not repeat in 2017" . Full year 2016 aggregates shipments unlikely to reach 190 million tons - SEC filing ."we expect 2017 shipment growth across all end - use segments".  Full Article

Vulcan reports quarterly EPS from Continuing operations of $0.93
Monday, 1 Aug 2016 08:00am EDT 

Vulcan Materials Co : Q2 earnings per share $0.93 from continuing operations . Q2 earnings per share $0.90 from continuing operations excluding items . Q2 earnings per share view $1.00 -- Thomson Reuters I/B/E/S . Q2 revenue rose 14 percent to $3.6 billion . Q2 revenue view $1.01 billion -- Thomson Reuters I/B/E/S . Quarterly shipments increased 3 percent, or 1.3 million tons, to 49 million tons . Still expect full year aggregates shipments to exceed 190 million tons .Co's full year outlook aligned with longer range market expectations and performance goals.  Full Article