Vulcan Materials sales and profit drop in Q3, but will fundamentals improve? - Steven Mallas

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Vulcan Materials sales and profit drop in Q3, but will fundamentals improve?
Nov 03, 2009 01:20 PM UTC

Steven Mallas

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Symbol	Sentiment	Start	Return	Closed
VMC	n/a

Via BloggingStocks:

Filed under: Earnings reports, Industry

Vulcan Materials (NYSE: VMC) issued Q3 results late Monday. Total revenues decreased over 20%. Earnings from continuing operations dropped 29% to 38 cents per share. According to Earnings.com, this means that the company came in a penny ahead of estimates.

Going into yesterday's earnings report, shares of Vulcan Materials were pretty active. They increased over 2% to close at $47.12. Volume was above the norm. The market was obviously quite bullish on the stock.

Continue reading Vulcan Materials sales and profit drop in Q3, but will fundamentals improve?

Vulcan Materials sales and profit drop in Q3, but will fundamentals improve? originally appeared on BloggingStocks on Tue, 03 Nov 2009 08:20:00 EST. Please see our terms for use of feeds.

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