Martin Marietta Materials' stock fell 5.38% in pre-market trading on Wednesday, following the release of its fourth-quarter financial results.
The building materials company reported quarterly earnings of $4.62 per share, missing the FactSet consensus estimate of $5.00. Revenue for the quarter was $1.53 billion, which also fell short of analyst expectations. Furthermore, net earnings declined to $279 million from $294 million a year earlier.
Investors reacted negatively to the company's outlook for 2026, which forecast revenue between $6.42 billion and $6.78 billion. This guidance was significantly below the average Wall Street estimate of approximately $7.15 billion. The company cited higher costs for fuel, energy, and raw materials in an inflationary environment as factors weighing on its performance.