Eagle Materials Inc. (EXP) is scheduled to report fourth-quarter fiscal 2024 (ended Mar 31, 2024) results on May 21, before the opening bell. In the last reported quarter, the company's earnings beat the Zacks Consensus Estimate by 4.5%, and revenues surpassed the same by 4%. On a year-over-year basis, earnings of heavy construction materials and light building materials producers increased 16% and revenues rose 9%. Eagle Materials' earnings topped the consensus mark in all the last four quarters, the avera ...

Wall Street expects a year-over-year decline in earnings on higher revenues when Eagle Materials (EXP) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on May 21, 2024, might help the stock move higher if these key numbers are better than expe ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Eagle Materials (EXP) , which belongs to the Zacks Building Products - Concrete and Aggregates industry.This maker of gypsum wallboard and cement has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 3.44%.For the most recent quarter, Ea ...

The Construction group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Eagle Materials (EXP) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Construction peers, we might be able to answer that question.Eagle Materials is a member of our Construction group, which includes 96 ...

Wall Street watches a company's quarterly report closely to understand as much as possible about its recent performance and what to expect going forward. Of course, one figure often stands out among the rest: earnings.Life and the stock market are both about expectations, and rising above what is expected is often rewarded, while falling short can come with negative consequences. Investors might want to try to capture stronger returns by finding positive earnings surprises.The ability to identify stocks tha ...

Eagle Materials Inc.‘s (EXP) arm to expand its business operation with a start-up of a new slag cement facility in Houston, TX, this summer. Post completion, the plant will have an annual manufacturing capacity of approximately 500,000 tons that will supplement Texas Lehigh’s cement manufacturing plant in Buda. Texas Lehigh aims to be the cementitious materials supplier of choice in the Texas market. The company’s recent expansion will help it meet the expected increase in demand for cementitious materials ...

Eagle Materials (EXP) closed the most recent trading day at $265.93, moving +0.72% from the previous trading session. The stock outperformed the S&P 500, which registered a daily gain of 0.11%. Meanwhile, the Dow lost 0.11%, and the Nasdaq, a tech-heavy index, added 0.23%.Shares of the maker of gypsum wallboard and cement have appreciated by 3.54% over the course of the past month, outperforming the Construction sector's gain of 1.99% and the S&P 500's gain of 1.5%.The investment community will be paying cl ...

Eagle Materials (EXP) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a changing earnings ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Eagle Materials (EXP) .Eagle Materials currently has an average b ...

In the latest trading session, Eagle Materials (EXP) closed at $267.57, marking a +1.07% move from the previous day. This move outpaced the S&P 500's daily loss of 0.14%. Meanwhile, the Dow experienced a drop of 0.77%, and the technology-dominated Nasdaq saw an increase of 0.17%.Prior to today's trading, shares of the maker of gypsum wallboard and cement had gained 6.1% over the past month. This has lagged the Construction sector's gain of 10.87% and outpaced the S&P 500's gain of 5.34% in that time.Market ...