Monarch Cement (OTCMKTS:MCEM) Announces Earnings Results

Key Points

• Monarch Cement reported earnings of $4.99 per share for the quarter, with a net margin of 20.30% and a return on equity of 13.45%.
• The company's stock price remained stable at $230.00, with a market cap of approximately $842.26 million and a P/E ratio of 16.17.
• Monarch Cement is involved in the manufacturing and sale of portland cement, servicing contractors, ready-mixed concrete plants, and governmental agencies across the United States.

Monarch Cement (OTCMKTS:MCEM - Get Free Report) released its quarterly earnings results on Friday. The construction company reported $4.99 earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $67.83 million during the quarter. Monarch Cement had a return on equity of 12.41% and a net margin of 19.56%.

Monarch Cement Stock Down 0.0%

Shares of MCEM stock traded down $0.09 during trading hours on Wednesday, hitting $238.15. 1 shares of the company were exchanged, compared to its average volume of 1,543. The firm has a fifty day moving average of $238.59 and a 200 day moving average of $234.45. Monarch Cement has a 1 year low of $181.00 and a 1 year high of $305.00. The firm has a market cap of $871.63 million, a PE ratio of 14.82 and a beta of 0.58.

About Monarch Cement

The Monarch Cement Company engages in the manufacture and sale of portland cement in the United States. The company also provides masonry cement, ready-mixed concrete, concrete products, and sundry building materials. It primarily serves contractors, ready-mixed concrete plants, concrete products plants, building materials dealers, and governmental agencies.