Martin Marietta Materials saw a 17.2% increase in first-quarter revenue but experienced a contraction in bottom-line earnings. The company has issued full-year revenue guidance between $7 billion and $7.32 billion.
- Q1 Revenue rose 17.2% to $1.36 billion
- Net income fell to $79 million from $104 million YoY
- GAAP EPS decreased to $1.31 from $1.70
- Adjusted EPS reported at $1.93
- FY revenue guidance projected between $7.000B and $7.320B
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