February 16, 2018 / 1:27 PM / 4 months ago

BRIEF-Vulcan Posts Q4 Adj. Earnings $0.74/Shr From Continuing Operations

Feb 16 (Reuters) - Vulcan Materials Co:

* Q4 EARNINGS PER SHARE $2.43 FROM CONTINUING OPERATIONS

* SEES Q1 2018 EARNINGS PER SHARE $4.00 TO $4.65 FROM CONTINUING OPERATIONS

* QTRLY ADJUSTED EPS FROM CONTINUING OPERATIONS WERE $0.74

* SEES 2018 SAME-STORE AGGREGATES SHIPMENT GROWTH OF 4 TO 6 PERCENT AND AGGREGATES PRICING GROWTH OF 3 TO 5 PERCENT

* PLAN FOR $350 MILLION IN INTERNAL GROWTH CAPEX DURING 2018, INCLUDING DEVELOPMENT OF STRATEGIC QUARRY SITES

* RECORDED AN INCOME TAX BENEFIT OF $314 MILLION IN Q4

* Q4 TAX BENEFIT INCLUDES $268 MILLION OF NET TAX BENEFIT ASSOCIATED WITH TAX CUTS AND JOBS ACT

* Q4 EARNINGS PER SHARE VIEW $0.74, REVENUE VIEW $932.1 MILLION — THOMSON REUTERS I/B/E/S

* Q1 EARNINGS PER SHARE VIEW $0.40 — THOMSON REUTERS I/B/E/S

* EPS GROWTH OF MORE THAN 30 PERCENT EXPECTED IN 2018 Source text for Eikon: Further company coverage:

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