Martin Marietta Shares Drop as Weak 2026 Sales Forecast and Lower Profits Weigh on Outlook
Martin Marietta posted lower quarterly profits and a weak 2026 sales outlook on Wednesday. High costs for fuel and materials offset demand from data centers.
洞察:
Martin Marietta Materials, Inc. reported on February 11, 2026, that its fourth-quarter net earnings fell to $279 million, or $4.62 per share, from $294 million, or $4.79 per share, a year earlier. The company also issued a full-year 2026 revenue forecast between $6.42 billion and $6.78 billion, which is below the $6.86 billion estimate expected by analysts according to LSEG. These developments coincided with an about 3% premarket drop in its share price.
