Eagle Materials: Fiscal Q2 Earnings Snapshot

Associated Press Finance
2024-10-29

DALLAS (AP) — DALLAS (AP) — Eagle Materials Inc. (EXP) on Tuesday reported fiscal second-quarter earnings of $143.5 million.

On a per-share basis, the Dallas-based company said it had profit of $4.26. Earnings, adjusted for one-time gains and costs, were $4.31 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 $4.75 per share.

The maker of gypsum wallboard and cement posted revenue of $623.6 million in the period, also missing Street forecasts. Three analysts surveyed by Zacks expected $658 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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