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Vulcan misses quarterly estimates as adverse weather dampens construction
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Vulcan misses quarterly estimates as adverse weather dampens construction
Jul 31, 2025 6:03 AM

July 31 (Reuters) - Vulcan Materials ( VMC ) posted

second-quarter revenue and profit below Wall Street estimates on

Thursday, as weather disruptions slowed construction activity

and weighed on demand for its construction materials.

Demand for construction supplies have taken a hit from

persistent inflation, which drove up operational costs for

corporates. Higher borrowing costs also slowed construction

spending.

"Despite weather challenges, our pricing discipline and

excellent cost performance have led to a 13% increase in

aggregates cash gross profit per ton," CEO Tom Hill said in a

statement.

The company reported $2.10 billion in revenue for the

quarter ended June 30, up 4.4% from a year earlier. Analysts on

average had expected $2.19 billion, according to data compiled

by LSEG.

Birmingham, Alabama-based Vulcan Materials ( VMC ) sells aggregates

like crushed stone, sand, and gravel, and supplies asphalt in

six states including Texas and California. It also produces

ready-mixed concrete in California, Maryland, and Virginia,

delivering materials by truck, ship, barge, and rail.

On an adjusted basis, Vulcan reported a profit of $2.45 per

share. Analysts on average had expected a profit of $2.54 per

share.

"Our execution in the first half of the year along with an

acceleration in new highway construction activity in our markets

supports our full-year outlook to deliver $2.35 to $2.55 billion

of Adjusted EBITDA," CEO Hill added.

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