Martin Marietta Faces Headwinds: Q3 Revenue Declines Amid Severe Weather Impacts, Revises Outlook - Invesco Building & Construction ETF ( ARCA:PKB ) , Martin Marietta Materials ( NYSE:MLM )
Martin Marietta Materials Inc MLM reported a third-quarter revenue decline of 5% to $1.889 billion, missing the consensus of $1.934 billion. Gross profit was $599 million ( -11% ) , and the margin contracted to 32% from 34% a year ago.
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Sentiment |
Impact |
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IVZ
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Neutral
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8 %
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MLM
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Neutral
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30 %
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