Vulcan Materials and Harley-Davidson report lower third-quarter profits

what happened

According to TradingView, citing RTTNews, Vulcan Materials Co. (VMC) reported third-quarter profit of $362.3 million, or $2.80 per share, down from $374.9 million, or $2.82 per share, a year earlier. Excluding items, adjusted earnings were $2.83 per share. Revenue fell 4.7% to $2.184 billion from $2.291 billion.

Harley-Davidson Inc. (HOG) reported a third-quarter profit of $42.76 million, or $0.40 per share, compared with $377.37 million, or $3.10 per share, last year. Its revenue dropped 10.2% to $964.02 million from $1.073 billion.

why it matters

Both reports show declines in profit and revenue. The drop is sharpest at Harley-Davidson, where net profit fell by more than eightfold and revenue declined by double digits. Vulcan's picture is milder, with adjusted EPS staying close to last year's level. Traders typically weigh such results against market expectations and watch revenue trends closely.

market impact

US building materials and motorcycles: weak results weigh on VMC and HOG shares.

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