Shares of Eagle Materials EXP rose 6.3% in pre-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share increased 47.13% year over year to $1.28, which beat the estimate of $0.88.
Revenue of $315,442,000 rose by 10.80% year over year, which beat the estimate of $285,440,000.
Outlook
Eagle Materials hasn't issued any earnings guidance for the time being.
Eagle Materials hasn't issued any revenue guidance for the time being.
Conference Call Details
Date: May 19, 2020
Time: 08:30 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/ejyiqs8q
Recent Stock Performance
52-week high: $97.10
Company's 52-week low was at $41.83
Price action over last quarter: down 36.65%
Company Overview
Eagle Materials Inc produces and sells construction products, building materials, and materials used for oil and natural gas extraction. Construction products include cement, slag, concrete, and aggregates and building materials include gypsum wallboard, and are sold to the construction and building industries. Basic materials used for oil and natural gas extraction include frac sand and oil well cement. The firm organizes itself into three sectors: Heavy Materials, which includes the Cement and Concrete and Aggregates segments; Light Materials, which includes the Gypsum Wallboard and Recycled Paperboard segments; and Oil and Gas Proppants, which are used in oil and gas extraction.
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