The Raleigh, North Carolina-based Martin Marietta Materials, Inc. (MLM) is a natural resource-based building materials company that supplies aggregates and heavy-side building materials to the construction industry. With a market cap of $35.6 billion, the company also produces magnesia-based chemicals products and is expected to announce its fiscal Q3 earnings results before the market opens on Wednesday, Oct. 30.
Ahead of this event, analysts expect the building materials company to report a profit of $6.78 per share, down 2.3% from $6.94 per share in the year-ago quarter. The company has surpassed Wall Street's earnings estimates in three of the last four quarters while missing on one another occasion. In Q2, the company’s adjusted EPS of $5.26 missed the consensus estimates by 5.6% and declined 6.1% from a year ago.
