Actionable news
0
All posts from Actionable news
Actionable news in MLM: MARTIN MARIETTA MATERIALS,

Martin Marietta Materials (MLM) Earnings Report: Q3 2015 Conference Call Transcript

0

The following Martin Marietta Materials (MLM - Get Report) conference call took place on November 3, 2015, 02:00 PM ET. This is a transcript of that earnings call:

Company Participants

  • Ward Nye; Martin Marietta Materials Inc.; Chairman President & CEO
  • Anne Lloyd; Martin Marietta Materials Inc.; EVP & CFO

Other Participants

  • Todd Vencil; Sterne Agee & Leach; Analyst
  • Garik Shmois; Longbow Research; Analyst
  • Kathryn Thompson; Thompson Research Group; Analyst
  • Keith Hughes; SunTrust Robinson Humphrey; Analyst
  • Ted Grace; Susquehanna Financial; Analyst
  • Trey Grooms; Stephens Inc.; Analyst
  • Craig Bibb; CJS Securities; Analyst

MANAGEMENT DISCUSSION SECTION Operator: Welcome to the Martin Marietta third-quarter 2015 financial results conference call.

MORE MLM NEWS

(Operator Instructions) As a reminder, this conference is being recorded. I would now like to turn the conference over to your host, Ward Nye, Chairman and Chief Executive Officer. Sir, you may begin. Ward Nye (Chairman President & CEO): Good afternoon. Thank you for joining Martin Marietta's quarterly earnings call. With me today is Anne Lloyd, our Executive Vice President and Chief Financial Officer. By any measure, this was an outstanding quarter for us. We recorded record net sales, gross profit and net earnings. Our performance in the third quarter reflects some basic realities about today's Martin Marietta. Namely the growing demand for construction materials coupled with our operational excellence and synergy realization has enabled us to generate net sales that exceeded $1...


More