DALLAS (AP) — DALLAS (AP) — Eagle Materials Inc. (EXP) on Wednesday reported fiscal third-quarter net income of $119.6 million.
The Dallas-based company said it had profit of $3.56 per share. Earnings, adjusted for one-time gains and costs, came to $3.59 per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $4 per share.
The maker of gypsum wallboard and cement posted revenue of $558 million in the period, also missing Street forecasts. Four analysts surveyed by Zacks expected $579.9 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EXP at https://www.zacks.com/ap/EXP
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