Martin Marietta Stock Rises On Strong Earnings, Guidance

Martin Marietta Materials (MLM) stock rose Tuesday after the building supplies giant outperformed earnings expectations, lifting other stocks in the sector.

X The sand, granite, limestone, and gravel merchant reported earnings per share of $1.88, up 21% vs. a year earlier. That crushed Wall Street estimates by 46 cents according to Zacks Investment ResearchMartin Marietta Materials sales rose 2.5% vs. a year earlier to $911 million, but that failed to meet expectations for $913 million.

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