Earnings Preview: Texas Industries

Small-cap construction materials supplier Texas Industries TXI will be reporting its quarterly earnings results on Wednesday after the closing bell. Wall Street analysts have consensus earnings per share estimates calling for a loss of $0.61 heading into the report. The low estimate is -$0.81 with a high estimate of -$0.48. In the year ago period, TXI reported a loss of $0.40, which compared to analysts' estimates of for a loss of $0.53 per share. The Street expects quarterly revenues at TXI to be $154.88 million. The high estimate is $160.28 million with a low estimate of $149.80 million. In the year ago quarter, TXI reported revenue of $148.11 million. Over the last 3 months, analysts' consensus EPS estimates have gone from a loss of $0.58 to the current estimate calling for a loss of $0.61. During this time period, TXI share have fallen 3.66%. Over the last year, the stock is down around 30%. On Wednesday, ahead of the company's key earnings report, TXI has fallen 1.14% to $31.18.
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