Wall Street analysts forecast that Eagle Materials (EXP) will report quarterly earnings of $4.77 per share in its upcoming release, pointing to a year-over-year increase of 11.5%. It is anticipated that revenues will amount to $664.03 million, exhibiting an increase of 6.7% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has undergone a downward revision of 1.3% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
In light of this perspective, let's dive into the average estimates of certain Eagle Materials metrics that are commonly tracked and forecasted by Wall Street analysts.
It is projected by analysts that the 'Revenue- Heavy Materials- Concrete & Aggregates' will reach $73.52 million. The estimate points to a change of +11.2% from the year-ago quarter.
The combined assessment of analysts suggests that 'Total Revenue- Light Materials' will likely reach $245.35 million. The estimate indicates a year-over-year change of +5.1%.
The consensus estimate for 'Total Revenue- Heavy Materials' stands at $416.75 million. The estimate indicates a year-over-year change of +7.2%.
The collective assessment of analysts points to an estimated 'Revenue- Light Materials- Gypsum Paperboard' of $28.90 million. The estimate suggests a change of +18.9% year over year.
According to the collective judgment of analysts, 'Revenue- Light Materials- Gypsum Wallboard' should come in at $216.45 million. The estimate points to a change of +3.5% from the year-ago quarter.
The average prediction of analysts places 'Revenue- Heavy Materials- Cement (Wholly Owned)' at $341.85 million. The estimate points to a change of +6% from the year-ago quarter.
Based on the collective assessment of analysts, 'Average Net Sales Price - Gypsum Wallboard' should arrive at $240.10. The estimate is in contrast to the year-ago figure of $233.69.
Analysts' assessment points toward 'Average Net Sales Price - Cement' reaching $157.71. The estimate compares to the year-ago value of $151.99.
Analysts expect 'Segment Operating Earnings- Light Materials- Gypsum Wallboard' to come in at $89.58 million. Compared to the present estimate, the company reported $85.71 million in the same quarter last year.
Analysts forecast 'Segment Operating Earnings- Light Materials- Recycled Paperboard' to reach $8.37 million. The estimate compares to the year-ago value of $7.59 million.
The consensus among analysts is that 'Segment Operating Earnings- Light Materials' will reach $97.94 million. Compared to the current estimate, the company reported $93.30 million in the same quarter of the previous year.
Analysts predict that the 'Segment Operating Earnings- Heavy Materials- Cement' will reach $127.62 million. Compared to the present estimate, the company reported $121.43 million in the same quarter last year.
View all Key Company Metrics for Eagle Materials here>>>
Shares of Eagle Materials have experienced a change of +0.7% in the past month compared to the +2% move of the Zacks S&P 500 composite. With a Zacks Rank #4 (Sell), EXP is expected to underperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Eagle Materials Inc (EXP) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。