RALEIGH, N.C. (AP) — RALEIGH, N.C. (AP) — Martin Marietta Materials Inc. (MLM) on Wednesday reported third-quarter net income of $363 million.
The Raleigh, North Carolina-based company said it had net income of $5.91 per share.
The results missed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $6.41 per share.
The seller of granite, limestone, sand and gravel posted revenue of $1.89 billion in the period, also falling short of Street forecasts. Seven analysts surveyed by Zacks expected $1.92 billion.
Martin Marietta expects full-year revenue in the range of $6.45 billion to $6.71 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MLM at https://www.zacks.com/ap/MLM
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