Martin Marietta Materials, Inc. (MLM) earnings on July 30, 2026

Before the market opens Q2 2026

More Martin Marietta Materials, Inc. earnings

Prior outlook: Optimistic Outcome: Missed

Martin Marietta Materials beat earnings and sales estimates, but the stock fell 5% as other concerns outweighed the good news.

MLM price around the earnings

540.00

Change: -5.2%

2026-07-30, 20:00 UTC

End of the measured window
536.09 549.06 562.02 574.99 569.66
Price series around the eventClosing price per minute from before the event to the end of the measured window.No trading (market closed)
July 30, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • End of the measured window
  • Market open
  • No trading (market closed)
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Optimistic Outcome: Missed

Thesis published
Results released

Analysts cite strong growth and an optimistic scenario despite recent negative trend strength, with a 75% beat rate.

Context analyzed before publication

Trend
Sustained selloff initially, now improving from after a strong recent drop conditions with negative trend strength.

Analysts

Evidence

Analyst consensus
Buy
Consensus average (1-5)
1.96
Analysts covering the stock
23
Average price target
679.78
Lowest price target
440
Highest price target
800
Upside to price target
19.3%
Quarterly earnings growth
1,204.3%
Revenue growth
17.2%
Forward EPS
22.96
Trailing EPS
15.55
Analyst moves in the last 60 days
3
  • Strong buy: 3
  • Buy: 11
  • Hold: 8
  • Sell: 0
  • Strong sell: 1
Strong buy
3
Buy
11
Hold
8
Sell
0
Strong sell
1
  • July 15, 2026 · Raymond James: Maintains rating (Outperform → Outperform)
  • July 8, 2026 · Citigroup: Maintains rating (Buy → Buy)
  • July 8, 2026 · Wells Fargo: Maintains rating (Equal-Weight → Equal-Weight)

News and sentiment

Evidence

Sentiment
Sentiment
Constructive
Mention volume
Low
Normalized volume
33%
News
Sources (3)

Technicals

Evidence

Price when the context was analyzed
569.97
Average true range (ATR)
2.6%
Distance to 52-week high
-19.3%
14-day change (14d)
+0.0%
30-day change (30d)
-2.0%
30-day relative strength
-0.5%
SPY change (30d)
-1.5%
Nearest support
566.98
Distance to nearest support
0.5%
Nearest resistance
572.13
Distance to nearest resistance
0.4%
Volume accumulation ratio (14d / 46d)
0.8
  • Major: 566.98 (0.5% away, 0.2 ATR, 35 touches)
  • Major: 562.62 (1.3% away, 0.49 ATR, 22 touches)
  • Major: 560.26 (1.7% away, 0.65 ATR, 34 touches)
  • Major: 572.13 (0.4% away, 0.14 ATR, 30 touches)
  • Minor: 576.11 (1.1% away, 0.41 ATR, 7 touches)
  • Major: 579.01 (1.6% away, 0.6 ATR, 28 touches)

Trends

Evidence

Average earnings surprise
+0.9%
  • April 30, 2026: actual EPS 1.93 vs estimate 1.83 (surprise +5.3%)
  • February 11, 2026: actual EPS 4.62 vs estimate 4.98 (surprise -7.2%)
  • November 4, 2025: actual EPS 6.85 vs estimate 6.7 (surprise +2.2%)
  • August 7, 2025: actual EPS 5.43 vs estimate 5.26 (surprise +3.2%)

Expected move

Implied move
+2.0%
Source
Options chain

Reactions over its last 20 earnings

Median move
2.7%
75th percentile move
4.2%
90th percentile move
6.7%
Up / down moves
14 / 6
Average up move
+3.2%
Average down move
-3.1%

Monitoring and close

What Martin Marietta Materials, Inc. reported

Status
Finished
Actual EPS5
EPS estimate4.75
EPS surprise+5.3%
Revenue$1,947 million
Revenue estimate$1,867 million
Revenue surprise+4.3%

Martin Marietta beat Q2 estimates and raised FY26 guidance, but stock fell 4.7% on dilution worries from its $13.5B acquisition.

Sources (13)

Pre-market second reading after the results

Verdict
Beat expectations

Heading into the open, results beat expectations on both earnings and revenue and the price is indicating +0.0% pre-market, a move below the stock's usual reaction (about 3%). The figures don't confirm the prior scenario: that move is too small to draw conclusions from.

How the stock reacted

Outcome
Missed
Consolidated
-5.2%
Max favorable move (MFE)
0%
Max adverse move (MAE)
5.9%