VMC Initiates Coverage On Vulcan Materials -- Rating Set to Buy

Vulcan Materials (VMC) reported Q2 2026 revenue of $2.2B (+2.5% YoY) and adjusted EPS of $2.59, beating estimates, but saw a 4.5% stock drop due to lower operating margin (21.1%) and underwhelming tons shipped (59.9M, +2% YoY). Analysts expect 16.1% EPS growth for the year, with a consensus 'Moderate Buy' rating and a mean price target of $327.14 (+18.5% upside).

Vulcan Materials (VMC) reported Q2 adjusted EPS of $2.59, above the Zacks consensus $2.50, with revenues up 2.5% to $2.16B. It reaffirmed 2026 adjusted EBITDA of $2.4-$2.6B despite weather disruption and nearly $40M energy-related inflation. Aggregates pricing rose while diesel costs increased.

Vulcan Materials (NYSE:VMC) reported Q2 earnings call highlights, citing healthy backlogs and robust quoting across highways, infrastructure, data centers, LNG and power projects. Management expects pricing to move toward the top of its 4% to 6% range by year-end and said diesel headwinds included a $26 million impact. It guided 2H opex $10M-$15M below Feb forecast and outlined $750M-$800M capex.

SEMARNAT bars mining permits in protected areas, even for pre-2023 concessions, as arbitrators largely side with Mexico in the Vulcan/Calica case. In addition, Cadence Minerals registers ICSID arbitration vs. Mexico over Sonora Lithium concession cancellation. Ready for more? Here is your weekly roundup!

Vulcan Materials (NYSE:VMC) reported Q2 2026 sales of $2.16 billion, up 2.5% year over year and 1.3% above analysts’ expectations, according to the company. Non-GAAP adjusted EPS was $2.59, up from $2.45, and 4.9% above consensus. Analysts project next-12-month revenue growth of 2.2% and EPS rising from $8.48 to $9.86.

Vulcan Materials reported Q2 results that beat expectations, helped by strong demand for crushed stone, sand and gravel tied to infrastructure, data center and energy projects. Revenue rose about 3% to $2.16B and adjusted profit was $2.59/share versus $2.45 a year ago, according to LSEG. The firm reiterated its full-year EBITDA outlook.