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Actionable news in MLM: MARTIN MARIETTA MATERIALS,

Martin Marietta (MLM) Stock Gains on Q1 Beat

NEW YORK (TheStreet) -- Shares of Martin Marietta Materials (MLM - Get Report) are rising by 2.44% to $173.65 on Thursday morning, after the Raleigh, NC-based company posted better-than-expected results for the 2016 first quarter.

Before the market open, the supplier of aggregates products for the construction industry reported earnings of 69 cents per diluted share, trumping analysts' expectations of 35 cents per share.

Revenue jumped by 16.2% to $734 million year-over-year and surpassed Wall Street's estimates of $657.5 million.

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