India, Feb. 18 -- Building materials supplier Vulcan Materials Co. (VMC), while reporting higher profit and revenues in its fourth quarter, above market estimates, on Tuesday issued fiscal 2025 outlook, expecting growth in earnings.
In pre-market activity on the NYSE, Vulcan shares were gaining around 2.8 percent to trade at $278.00.
For fiscal 2025, the company projects net earnings attributable of $1.01 billion to $1.17 billion, and adjusted EBITDA between $2.35 billion and $2.55 billion.
In fiscal 2024, attributable net earnings were $912 million and adjusted EBITDA was $2.06 billion.
Tom Hill, Vulcan Materials' Chairman and Chief Executive Officer, said, "As we look to 2025, the pricing environment remains favorable, and we are focu...