Martin Marietta Materials (MLM) Stock Forecast, Price Target & Predictions
MLM Stock Forecast
Martin Marietta Materials stock forecast is as follows: an average price target of $522.77 (represents a -2.11% downside from MLM’s last price of $534.04) and a rating consensus of 'Buy', based on 12 wall street analysts offering a 1-year stock forecast.
MLM Price Target
The average price target for Martin Marietta Materials (MLM) is $522.77 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $675.00 to $380.00. This represents a potential -2.11% downside from MLM's last price of $534.04.
MLM Analyst Ratings
According to 12 Wall Street analysts, Martin Marietta Materials's rating consensus is 'Buy'. The analyst rating breakdown for MLM stock is 0 'Strong Buy' (0.00%), 10 'Buy' (83.33%), 2 'Hold' (16.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Martin Marietta Materials Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 13, 2024 | Garik Shmois | Loop Capital Markets | $615.00 | $525.11 | 17.12% | 15.16% |
| Aug 12, 2024 | Anthony Pettinari | Citigroup | $646.00 | $533.55 | 21.08% | 20.96% |
| Aug 09, 2024 | Trey Grooms | Stephens | $610.00 | $538.98 | 13.18% | 14.22% |
| Aug 09, 2024 | Timna Tanners | Bank of America Securities | $575.00 | $538.98 | 6.68% | 7.67% |
| Jul 17, 2024 | Philip Ng | Jefferies | $665.00 | $577.46 | 15.16% | 24.52% |
| May 20, 2024 | Brent Thielman | D.A. Davidson | $675.00 | $583.10 | 15.76% | 26.40% |
| Feb 22, 2024 | Wesley Brooks | HSBC | $543.00 | $536.30 | 1.25% | 1.68% |
| Oct 24, 2023 | Rohit Seth | Seaport Global | $520.00 | $414.73 | 25.38% | -2.63% |
| Dec 14, 2022 | - | Morgan Stanley | $399.00 | $368.73 | 8.21% | -25.29% |
| Dec 08, 2022 | - | J.P. Morgan | $395.00 | $352.50 | 12.06% | -26.04% |
The latest Martin Marietta Materials stock forecast, released on Aug 13, 2024 by Garik Shmois from Loop Capital Markets, set a price target of $615.00, which represents a 17.12% increase from the stock price at the time of the forecast ($525.11), and a 15.16% increase from MLM last price ($534.04).
Martin Marietta Materials Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 5 | 8 |
| Avg Price Target | - | $622.20 | $606.13 |
| Last Closing Price | $534.04 | $534.04 | $534.04 |
| Upside/Downside | -100.00% | 16.51% | 13.50% |
In the current month, the average price target of Martin Marietta Materials stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Martin Marietta Materials's last price of $534.04. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 26, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Aug 13, 2024 | Loop Capital Markets | Buy | Buy | Hold |
| Aug 12, 2024 | Citigroup | Buy | Buy | Hold |
| Aug 09, 2024 | Stephens | Overweight | Overweight | Hold |
| Aug 09, 2024 | Bank of America Securities | Neutral | Neutral | Hold |
| Jul 17, 2024 | Jefferies | Buy | Buy | Hold |
| Jul 11, 2024 | Citigroup | Buy | Buy | Hold |
| Apr 15, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Apr 05, 2024 | Citigroup | Buy | Buy | Hold |
| Feb 22, 2024 | HSBC | - | Hold | Upgrade |
Martin Marietta Materials's last stock rating was published by Morgan Stanley on Aug 26, 2024. The company gave MLM a "Overweight" rating, the same as its previous rate.
Martin Marietta Materials Financial Forecast
Martin Marietta Materials Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $1.61B | $1.99B | $1.82B | $1.35B | $1.48B | $1.81B | - | $1.23B | $1.50B | $1.56B | $1.38B | $982.40M | $1.18B | $1.32B | $1.27B | $958.20M | $1.10B | $1.42B | $1.28B | $938.96M | $1.02B | $1.22B |
| Avg Forecast | $1.88B | $2.16B | $1.96B | $1.44B | $1.71B | $2.05B | $1.83B | $1.31B | $1.63B | $1.99B | $1.82B | $1.24B | $1.44B | $1.66B | $1.49B | $1.07B | $1.35B | $1.41B | $1.29B | $900.08M | $1.04B | $1.27B | $1.18B | $893.05M | $1.03B | $1.26B | $1.20B | $832.93M | $1.18B | $1.19B |
| High Forecast | $1.94B | $2.24B | $2.03B | $1.49B | $1.77B | $2.12B | $1.90B | $1.36B | $1.66B | $2.04B | $1.88B | $1.28B | $1.49B | $1.72B | $1.49B | $1.13B | $1.41B | $1.48B | $1.35B | $943.79M | $1.09B | $1.34B | $1.24B | $936.43M | $1.08B | $1.32B | $1.26B | $873.38M | $1.42B | $1.43B |
| Low Forecast | $1.80B | $2.07B | $1.88B | $1.38B | $1.64B | $1.96B | $1.76B | $1.26B | $1.61B | $1.95B | $1.74B | $1.18B | $1.38B | $1.59B | $1.49B | $1.03B | $1.30B | $1.36B | $1.24B | $868.03M | $999.12M | $1.23B | $1.14B | $861.26M | $994.99M | $1.21B | $1.16B | $803.27M | $946.76M | $951.72M |
| # Analysts | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 7 | 14 | 13 | 7 | 6 | 6 | 9 | 6 | 7 | 12 | 7 | 4 | 4 | 7 | 4 | 4 | 3 | 5 | 3 | 3 | 9 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | 0.99% | 1.00% | 1.00% | 1.10% | 1.03% | 1.09% | - | 1.15% | 1.11% | 1.10% | 1.07% | 1.09% | 1.14% | 1.04% | 1.08% | 1.07% | 1.07% | 1.13% | 1.06% | 1.13% | 0.86% | 1.03% |
Martin Marietta Materials's average Quarter revenue forecast for Mar 24 based on 4 analysts is $1.31B, with a low forecast of $1.26B, and a high forecast of $1.36B. MLM's average Quarter revenue forecast represents a -18.47% decrease compared to the company's last Quarter revenue of $1.61B (Dec 23).
Martin Marietta Materials EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 7 | 14 | 13 | 7 | 6 | 6 | 9 | 6 | 7 | 12 | 7 | 4 | 4 | 7 | 4 | 4 | 3 | 5 | 3 | 3 | 9 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | $-13.00M | $-2.00M | $-14.90M | $336.60M | $278.60M | $538.70M | - | $200.30M | $662.80M | $476.00M | $424.10M | $207.20M | $337.90M | $503.40M | $408.60M | $55.80M | $186.84M | $347.19M | $272.66M | $70.81M | $149.48M | $244.78M |
| Avg Forecast | $539.65M | $622.51M | $564.21M | $415.06M | $493.03M | $588.67M | $528.00M | $302.49M | $468.07M | $573.35M | $523.46M | $274.99M | $414.29M | $526.05M | $429.23M | $249.99M | $615.46M | $478.23M | $434.95M | $104.34M | $245.34M | $376.21M | $345.01M | $64.91M | $195.37M | $302.68M | $287.24M | $77.89M | $170.10M | $238.61M |
| High Forecast | $558.77M | $644.56M | $584.20M | $429.77M | $510.50M | $609.07M | $546.71M | $362.99M | $476.63M | $587.76M | $542.00M | $329.99M | $428.97M | $631.26M | $429.23M | $299.99M | $738.55M | $573.88M | $521.94M | $125.20M | $294.41M | $451.45M | $414.01M | $77.89M | $234.45M | $363.21M | $344.69M | $93.47M | $204.11M | $286.34M |
| Low Forecast | $516.92M | $596.28M | $540.44M | $397.58M | $472.26M | $565.36M | $505.76M | $241.99M | $462.36M | $561.84M | $501.41M | $219.99M | $396.84M | $420.84M | $429.23M | $199.99M | $492.37M | $382.58M | $347.96M | $83.47M | $196.28M | $300.97M | $276.01M | $51.93M | $156.30M | $242.14M | $229.79M | $62.31M | $136.08M | $190.89M |
| Surprise % | - | - | - | - | - | - | - | - | -0.03% | -0.00% | -0.03% | 1.22% | 0.67% | 1.02% | - | 0.80% | 1.08% | 1.00% | 0.98% | 1.99% | 1.38% | 1.34% | 1.18% | 0.86% | 0.96% | 1.15% | 0.95% | 0.91% | 0.88% | 1.03% |
13 analysts predict MLM's average Quarter EBITDA for Jun 23 to be $523.46M, with a high of $542.00M and a low of $501.41M. This is 55.51% upper than Martin Marietta Materials's previous annual EBITDA (Mar 23) of $336.60M.
Martin Marietta Materials Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 7 | 14 | 13 | 7 | 6 | 6 | 9 | 6 | 7 | 12 | 7 | 4 | 4 | 7 | 4 | 4 | 3 | 5 | 3 | 3 | 9 | 7 |
| Net Income | - | - | - | - | - | - | - | - | $287.80M | $430.20M | $348.30M | $121.40M | $183.60M | $295.30M | - | $21.40M | $156.40M | $254.60M | $225.80M | $65.30M | $183.00M | $294.40M | $217.60M | $25.90M | $131.00M | $248.57M | $189.47M | $42.85M | $94.38M | $180.22M |
| Avg Forecast | $350.50M | $500.42M | $377.29M | $145.80M | $316.75M | $439.99M | $329.96M | $33.04M | $245.96M | $372.79M | $299.29M | $30.04M | $189.73M | $281.37M | $231.49M | $27.31M | $145.60M | $255.79M | $231.57M | $32.88M | $132.87M | $220.02M | $183.74M | $30.13M | $136.98M | $216.70M | $199.60M | $47.14M | $107.39M | $175.68M |
| High Forecast | $366.65M | $523.47M | $394.67M | $152.51M | $331.34M | $467.98M | $345.16M | $39.65M | $281.36M | $391.31M | $313.07M | $36.05M | $198.47M | $337.65M | $231.49M | $32.77M | $174.72M | $306.95M | $277.89M | $39.46M | $159.45M | $264.02M | $220.48M | $36.15M | $164.38M | $260.05M | $239.53M | $56.57M | $128.87M | $210.82M |
| Low Forecast | $331.31M | $473.02M | $356.63M | $137.81M | $299.40M | $401.65M | $311.89M | $26.44M | $226.71M | $355.51M | $282.89M | $24.03M | $179.34M | $225.10M | $231.49M | $21.85M | $116.48M | $204.63M | $185.26M | $26.31M | $106.30M | $176.01M | $146.99M | $24.10M | $109.58M | $173.36M | $159.68M | $37.71M | $85.92M | $140.55M |
| Surprise % | - | - | - | - | - | - | - | - | 1.17% | 1.15% | 1.16% | 4.04% | 0.97% | 1.05% | - | 0.78% | 1.07% | 1.00% | 0.98% | 1.99% | 1.38% | 1.34% | 1.18% | 0.86% | 0.96% | 1.15% | 0.95% | 0.91% | 0.88% | 1.03% |
Martin Marietta Materials's average Quarter net income forecast for Mar 24 is $33.04M, with a range of $26.44M to $39.65M. MLM's average Quarter net income forecast represents a -88.52% decrease compared to the company's last Quarter net income of $287.80M (Dec 23).
Martin Marietta Materials SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 7 | 14 | 13 | 7 | 6 | 6 | 9 | 6 | 7 | 12 | 7 | 4 | 4 | 7 | 4 | 4 | 3 | 5 | 3 | 3 | 9 | 7 |
| SG&A | - | - | - | - | - | - | - | - | $118.70M | $108.10M | $111.60M | $104.30M | $100.70M | $94.90M | - | $97.10M | $102.80M | $86.00M | $82.40M | $79.80M | $84.90M | $71.10M | $71.20M | $84.30M | $73.74M | $75.38M | $70.94M | $73.54M | $79.69M | $72.23M |
| Avg Forecast | $121.17M | $139.78M | $126.69M | $93.20M | $110.70M | $132.18M | $118.56M | $149.93M | $105.10M | $128.74M | $117.54M | $136.30M | $93.02M | $95.04M | $96.38M | $123.91M | $95.46M | $86.40M | $84.51M | $40.18M | $61.64M | $53.14M | $60.12M | $98.06M | $77.10M | $65.72M | $74.73M | $80.90M | $90.68M | $70.41M |
| High Forecast | $125.47M | $144.73M | $131.17M | $96.50M | $114.63M | $136.76M | $122.76M | $179.92M | $107.02M | $131.98M | $121.70M | $163.56M | $96.32M | $114.05M | $96.38M | $148.69M | $114.55M | $103.68M | $101.41M | $48.22M | $73.97M | $63.76M | $72.14M | $117.68M | $92.52M | $78.86M | $89.68M | $97.08M | $108.82M | $84.50M |
| Low Forecast | $116.07M | $133.89M | $121.35M | $89.27M | $106.04M | $126.94M | $113.56M | $119.95M | $103.82M | $126.15M | $112.58M | $109.04M | $89.10M | $76.03M | $96.38M | $99.13M | $76.37M | $69.12M | $67.61M | $32.15M | $49.32M | $42.51M | $48.10M | $78.45M | $61.68M | $52.57M | $59.78M | $64.72M | $72.54M | $56.33M |
| Surprise % | - | - | - | - | - | - | - | - | 1.13% | 0.84% | 0.95% | 0.77% | 1.08% | 1.00% | - | 0.78% | 1.08% | 1.00% | 0.98% | 1.99% | 1.38% | 1.34% | 1.18% | 0.86% | 0.96% | 1.15% | 0.95% | 0.91% | 0.88% | 1.03% |
Martin Marietta Materials's average Quarter SG&A projection for Mar 24 is $149.93M, based on 4 Wall Street analysts, with a range of $119.95M to $179.92M. The forecast indicates a 26.31% rise compared to MLM last annual SG&A of $118.70M (Dec 23).
Martin Marietta Materials EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 7 | 14 | 13 | 7 | 6 | 6 | 9 | 6 | 7 | 12 | 7 | 4 | 4 | 7 | 4 | 4 | 3 | 5 | 3 | 3 | 9 | 7 |
| EPS | - | - | - | - | - | - | - | - | $4.66 | $6.96 | $5.63 | $1.96 | $2.96 | $4.74 | - | $0.34 | $2.51 | $4.08 | $3.62 | $1.05 | $2.94 | $4.72 | $3.49 | $0.42 | $2.10 | $3.97 | $3.02 | $0.68 | $1.50 | $2.86 |
| Avg Forecast | $5.69 | $8.12 | $6.12 | $2.37 | $5.14 | $7.14 | $5.36 | $1.86 | $3.99 | $6.05 | $4.86 | $0.98 | $3.08 | $4.63 | $3.73 | $0.62 | $2.93 | $4.24 | $3.81 | $0.49 | $2.31 | $3.76 | $3.03 | $0.50 | $2.19 | $3.52 | $3.11 | $0.33 | $1.98 | $2.71 |
| High Forecast | $5.95 | $8.50 | $6.41 | $2.48 | $5.38 | $7.60 | $5.60 | $1.94 | $4.57 | $6.35 | $5.08 | $1.02 | $3.22 | $4.84 | $3.73 | $0.66 | $3.12 | $4.51 | $4.06 | $0.52 | $2.46 | $3.99 | $3.22 | $0.53 | $2.33 | $3.74 | $3.30 | $0.35 | $2.38 | $3.25 |
| Low Forecast | $5.38 | $7.68 | $5.79 | $2.24 | $4.86 | $6.52 | $5.06 | $1.76 | $3.68 | $5.77 | $4.59 | $0.92 | $2.91 | $4.37 | $3.73 | $0.60 | $2.80 | $4.05 | $3.64 | $0.47 | $2.21 | $3.58 | $2.89 | $0.47 | $2.09 | $3.36 | $2.96 | $0.31 | $1.58 | $2.17 |
| Surprise % | - | - | - | - | - | - | - | - | 1.17% | 1.15% | 1.16% | 2.01% | 0.96% | 1.02% | - | 0.54% | 0.86% | 0.96% | 0.95% | 2.15% | 1.27% | 1.26% | 1.15% | 0.84% | 0.96% | 1.13% | 0.97% | 2.06% | 0.76% | 1.06% |
According to 4 Wall Street analysts, Martin Marietta Materials's projected average Quarter EPS for Mar 24 is $1.86, with a low estimate of $1.76 and a high estimate of $1.94. This represents a -60.13% decrease compared to MLM previous annual EPS of $4.66 (Dec 23).
Martin Marietta Materials Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CX | CEMEX | $6.13 | $8.58 | 39.97% | Buy |
| SUM | Summit Materials | $39.10 | $46.00 | 17.65% | Buy |
| CRH | CRH | $89.27 | $99.00 | 10.90% | Buy |
| VMC | Vulcan Materials Company | $245.12 | $241.08 | -1.65% | Buy |
| MLM | Martin Marietta Materials | $534.04 | $522.77 | -2.11% | Buy |
| EXP | Eagle Materials | $280.72 | $263.22 | -6.23% | Buy |
MLM Forecast FAQ
Is Martin Marietta Materials a good buy?
Yes, according to 12 Wall Street analysts, Martin Marietta Materials (MLM) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 10 'Buy' recommendations, accounting for 83.33% of MLM's total ratings.
What is MLM's price target?
Martin Marietta Materials (MLM) average price target is $522.77 with a range of $380 to $675, implying a -2.11% from its last price of $534.04. The data is based on 12 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Martin Marietta Materials stock go up soon?
According to Wall Street analysts' prediction for MLM stock, the company can go down by -2.11% (from the last price of $534.04 to the average price target of $522.77), up by 26.40% based on the highest stock price target, and down by -28.84% based on the lowest stock price target.
Can Martin Marietta Materials stock reach $800?
MLM's average twelve months analyst stock price target of $522.77 does not support the claim that Martin Marietta Materials can reach $800 in the near future.
What are Martin Marietta Materials's analysts' financial forecasts?
Martin Marietta Materials's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $6.9B (high $7.15B, low $6.62B), average EBITDA is $1.91B (high $2.03B, low $1.79B), average net income is $1.12B (high $1.18B, low $1.04B), average SG&A $511.37M (high $554.06M, low $466.49M), and average EPS is $19.5 (high $20.52, low $18.2). MLM's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $7.44B (high $7.7B, low $7.13B), average EBITDA is $2.14B (high $2.22B, low $2.05B), average net income is $1.37B (high $1.44B, low $1.3B), average SG&A $480.83M (high $497.87M, low $460.57M), and average EPS is $22.31 (high $23.33, low $21.08).
Did the MLM's actual financial results beat the analysts' financial forecasts?
Based on Martin Marietta Materials's last annual report (Dec 2023), the company's revenue was $6.78B, beating the average analysts forecast of $6.67B by 1.55%. Apple's EBITDA was $-28.4M, missing the average prediction of $1.84B by -101.54%. The company's net income was $1.2B, beating the average estimation of $948.08M by 26.60%. Apple's SG&A was $442.8M, missing the average forecast of $487.67M by -9.20%. Lastly, the company's EPS was $19.39, beating the average prediction of $15.88 by 22.10%. In terms of the last quarterly report (Dec 2023), Martin Marietta Materials's revenue was $1.61B, missing the average analysts' forecast of $1.63B by -1.12%. The company's EBITDA was $-13M, missing the average prediction of $468.07M by -102.78%. Martin Marietta Materials's net income was $287.8M, beating the average estimation of $245.96M by 17.01%. The company's SG&A was $118.7M, beating the average forecast of $105.1M by 12.94%. Lastly, the company's EPS was $4.66, beating the average prediction of $3.99 by 16.71%