Martin Marietta Materials Q1 Loss Narrows - Quick Facts

(RTTNews) - Martin Marietta Materials Inc. (MLM) reported that its first-quarter net loss to company narrowed to $21.6 million from $27.8 million. Loss per share was $0.47, compared to a loss of $0.61, a year ago. Adjusted loss per share was $0.35, for the quarter.

On average, 12 analysts polled by Thomson Reuters expected the company to report a loss per share of $0.34 for the quarter. Analysts' estimates typically exclude special items.

Total revenues increased to $428.7 million from $383.9 million. Net sales were $379.7 million, compared to $344.1 million, a year ago. Analysts expected revenue of $409.45 million for the quarter.