Earnings Preview: Texas Industries
Small-cap construction materials supplier Texas Industries (NYSE: 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.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.