Analysts Are Updating Their Vulcan Materials Company (NYSE:VMC) Estimates After Its Second-Quarter Results
Vulcan Materials Company (NYSE:VMC) released its second-quarter results, with revenues and statutory EPS generally in line with analyst estimates. Despite an initial 4.0% dip in shares, analysts have not significantly changed their future expectations for the company's revenues or earnings per share. The consensus price target remains largely stable at US$326, although revenue growth is projected to slow compared to historical rates and the industry average.
Why it matters
Attributed market update with source link for portfolio context.