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Market Overview

Eagle Materials: Q4 Earnings Insights

Share:

Shares of Eagle Materials (NYSE: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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Posted-In: Earnings News

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