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Martin Marietta Optimistic About Future

Martin Marietta Materials remains optimistic about the company's long-term outlook given its continued ability to successfully execute its strategic business plans and the largely positive trends in the markets it serves. Given the skilled labor shortage, project delays and government uncertainty that has limited growth throughout the year, management has revised its guidance for full year 2017 as follows:

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MDU Resources' Construction Materials Business Drops

MDU Resources Group Inc. reported third quarter earnings from continuing operations of $89.6 million, or 46 cents per share, compared to third-quarter 2016 earnings from continuing operations of $88.2 million, or 45 cents per share.

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Vulcan Makes Third-Quarter Gains Despite Weather

Vulcan Materials Co. announced results for the third quarter ended Sept. 30, 2017. According to the company, Hurricanes Harvey and Irma negatively affected more than half of the company's operational footprint in the third quarter. Important Southeastern markets, particularly Florida and Georgia, as well as coastal markets in Texas and along the central Gulf Coast were disrupted. Prolonged extreme weather conditions limited both revenue growth and profitability.

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Public Works Construction to Grow 3 Percent in 2018

Dodge Data & Analytics released its 2018 Dodge Construction Outlook, a mainstay in construction industry forecasting and business planning. The report predicts that total U.S. construction starts for 2018 will climb 3 percent to $765 billion.

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Martin Marietta Third Quarter Stymied by Hurricanes

Martin Marietta Materials Inc. reported results for the third quarter ended Sept. 30, 2017. The company is reporting versus the prior-year period:

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