Aug 6 (Reuters) - Construction supplies maker Vulcan

Materials ( VMC ) on Tuesday missed Wall Street estimates for

second-quarter revenue and profit and lowered its full-year

adjusted EBITDA forecast as high interest rates put a strain on

housing growth, keeping demand for the company's construction

aggregates muted.

Shares of the company were down 2.7% in premarket trade.

Persistent inflation has driven up operational costs for

corporates, while higher borrowing costs have slowed

construction spending, hurting construction supplies makers such

as Vulcan.

The company now expects 2024 adjusted EBITDA to be in a

range of $2 billion to $2.15 billion, down from its previous

forecast of $2.15 billion to $2.30 billion

"Significant weather disruptions throughout the first half

of the year impacted both construction activity and operating

efficiencies, resulting in adjustments to our aggregates volume

and cost outlook for the full year," CEO Tom Hill said.

The company reported $2.01 billion in revenue for the

quarter ended June 30. Analysts had, on average, expected $2.03

billion, according to LSEG data.

Vulcan's largest segment, construction aggregates, which

include sand, gravel and crushed stone, reported a gross profit

of $529 million, up 6% from a year earlier.

On an adjusted basis the company earned $2.31 per share for

the reported quarter, missing estimates of $2.48 per share.