May 2 (Reuters) - Construction supplies maker Vulcan

Materials ( VMC ) reported first-quarter profit above Wall

Street estimates on Thursday, as price hikes helped offset the

impact of bad weather on demand for aggregates such as gravel,

sand and crushed stone.

Demand for construction supplies has risen since the Biden

administration's $1 trillion infrastructure package was rolled

out in 2021 in a bid to improve roads, railways, and other

transportation infrastructure.

"The pricing environment remains positive," Vulcan CEO Tom

Hill said in a statement.

However, unfavorable weather hit its aggregates business,

its biggest segment by revenue, though the unit's gross profit

per ton rose.

The company reported $1.55 billion in revenue for the

quarter ended March 31, down about 6.24% from a year earlier.

Analysts had on average expected $1.49 billion, according to

LSEG data.

On an adjusted basis, Vulcan earned a quarterly adjusted

profit per share of 80 cents, compared with estimates of 74

cents per share.

The company reaffirmed its 2024 forecast, which includes a

profit expectation of $1.07 billion to $1.19 billion.

(Reporting by Abhinav Parmar and Nathan Gomes in Bengaluru;

Editing by Shinjini Ganguli and Devika Syamnath)