Raleigh, North Carolina-based Martin Marietta Materials, Inc. (MLM), a natural resource-based building materials company, supplies aggregates and heavy-side building materials to the construction industry. With a market cap of $33.2 billion, the company also manufactures and markets magnesia-based products, including heat-resistant refractory products for the steel industry, chemical products for industrial and environmental uses, and dolomitic lime. The leading supplier of aggregates and heavy building materials is expected to announce its fiscal fourth-quarter earnings for 2024 on Wednesday, Feb. 12.
Ahead of the event, analysts expect MLM to report a profit of $4.61 per share on a diluted basis, down marginally from $4.63 per share in the year-ago quarter. The company beat the consensus estimates in two of the last four quarters while missing the forecast on two other occasions.
