Martin Marietta Materials, Inc. Q1 Profit Declines

(RTTNews) - Martin Marietta Materials, Inc. (MLM) announced earnings for first quarter that decreased from last year

The company's bottom line totaled $116 million, or $1.90 per share. This compares with $1.045 billion, or $16.87 per share, last year.

The company's revenue for the period rose 8.2% to $1.353 billion from $1.251 billion last year.

Martin Marietta Materials, Inc. earnings at a glance (GAAP) :

-Earnings: $116 Mln. vs. $1.045 Bln. last year. -EPS: $1.90 vs. $16.87 last year. -Revenue: $1.353 Bln vs. $1.251 Bln last year.

-Guidance: Full year revenue guidance: $6,830 - $7,230 Mln