Aggregates Manager Digital Magazine
Issue link: http://read.dmtmag.com/i/878969
One Week +0.026 p One Year +0.228 p One Week +0.008 p One Year +0.169 p One Week +0.071 p One Year +0.226 p One Week +0.047 p One Year +0.164 p One Week +0.009 p One Year +0.269 p One Week +0.009 p One Year +0.201 p One Week +0.030 p One Year +0.270 p One Week +0.027 p One Year +0.259 p One Week +0.053 p One Year +0.326 p One Week +0.014 p One Year +0.230 p United States $2.378 Midwest $2.284 Gulf Coast $2.154 Rocky Mountain $2.390 West Coast $2.842 West Coast less California $2.588 East Coast $2.336 New England $2.384 Central Atlantic $2.470 Lower Atlantic $2.221 Company Ticker Current Value 52-Week Low 52-Week High Cemex, S.A.B. de C.V. CX $9.65 q $6.91 $10.37 CRH plc CRG $34.74 q $31.42 $38.04 Eagle Materials Inc. EXP $91.47 q $73.27 $110.64 Granite Construction Inc. GVA $53.54 p $42.59 $62.18 Heidelberg Cement AG HEI $95.87 q $90.43 $111.09 LafargeHolcim Ltd. ADR HCMLY $12.17 p $9.89 $12.23 Martin Marietta Materials, Inc. MLM $209.87 q $167.06 $244.32 MDU Resources Group, Inc. MDU $26.10 p $22.94 $29.92 Summit Materials SUM $29.51 q $17.27 $29.72 United States Lime & Minerals, Inc. USLM $81.77 p $60.24 $83.00 U.S. Concrete USCR $78.50 q $42.82 $80.45 Vulcan Materials Co. VMC $118.39 q $105.71 $138.18 STOCK REPORT COMPANY SPOTLIGHT Source: Wall Street Journal Market Watch. Currency conversion calculated on date of close 8/08/17. E agle Materials (EXP) started off strong during the fi rst quarter of its fi scal 2018 year, which ended June 30. It posted record revenues of $336.1 million, an increase of 23 percent against its fi rst quarter 2017 results. Net earnings per diluted share of $1.13 were up 22 percent. First quarter earnings before interest and income taxes also increased by 22 percent. Higher sales volumes and net sales prices across most of its businesses, as well as its acquisition of a Fairborn, Ohio, cement plant from Cemex, fostered these results. Cement revenues for the fi rst quarter totaled $182.9 million — 26 percent higher than the same quarter in 2017. The average cement net sales price for the quarter was $106.95 per ton, a 6-percent increase over the fi rst quarter of 2017. Like-for-like average net cement sales prices and sales volumes increased 4 percent and 7 percent, respectively, compared to the same quarter a year earlier. Concrete and Ag- gregates revenues for the fi rst quarter were $43.5 million, an increase of 26 percent from fi rst quarter 2017. First quarter operating earnings were $6.0 million for the fi rst quarter, a 63-per- cent improvement for the same quarter in the prior year. This refl ects im- proved concrete and aggregates pricing and concrete sales volumes. "The opportunity to sell products across all of our businesses — cement, wallboard, prop- pants, and concrete and aggregates — continues to improve, and we're taking advantage of these trends," said President and CEO Dave Powers during the company's quarterly confer- ence call. "The underlying drivers of our businesses are almost universally toggled in the up position, and longer-term risk currently skew to the upside. "Single-family housing starts, for example, continue to improve and have substantial room for growth. Household formation trends, combined with an economic environment of low unemployment, healthy job growth, and low interest rates, are a powerful combination," he added. "Most areas of the U.S. are doing well, especially in the markets that we operate. Infra- structure investment is growing and could grow even more in the years to come." Source: U.S. Energy Information Ad- ministration (dollars per gallon, prices include all taxes). U.S. On-Highway Diesel Fuel Prices 8/7/17 Data mining Source: Market Watch Eagle Materials (EXP)