Eagle Materials (EXP) came out with quarterly earnings of $2.24 per share, missing the Zacks Consensus Estimate of $2.72 per share. This compares to earnings of $2.79 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -17.65%. A quarter ago, it was expected that this maker of gypsum wallboard and cement would post earnings of $3.56 per share when it actually produced earnings of $3.72, delivering a surprise of 4.49%. Over the la ...

EXHIBIT 99.1 Contact at 214-432-2000 Michael R. Haack President and CEO D. Craig Kesler Executive Vice President and CFO Alex Haddock Vice President, Investor Relations News For Immediate Release EAGLE MATERIALS ANNOUNCES FOURTH QUARTER AND FISCAL YEAR 2024 RESULTS Achieved Record Annual Revenue and Profitability Announced Heavy Materials Organic Growth Initiatives Well-Positioned Capital Structure Supports Growth and Disciplined Capital Allocation DALLAS, TX (May 21, 2024) Eagle Materials Inc. (NYSE: EXP) ...

Eagle Materials Inc. (EXP) has announced an ambitious plan to modernize and expand its Laramie, WY cement plant, enhancing its production capacity and operational efficiency. This initiative includes upgrading the existing plant and establishing an additional cement distribution facility in Northern Colorado. The modernized facility will serve several markets, including Northern Colorado, Nebraska, Utah, and Wyoming. Boosting Capacity and Efficiency The modernization project is set to increase the plant's a ...

The upcoming report from Eagle Materials (EXP) is expected to reveal quarterly earnings of $2.72 per share, indicating a decline of 2.5% compared to the year-ago period. Analysts forecast revenues of $478.6 million, representing an increase of 1.8% year over year. Analysts forecast 'Revenue- Heavy Materials- Cement (Wholly Owned)' to reach $183.25 million. The estimate indicates a year-over-year change of +6.1%. Based on the collective assessment of analysts, 'Total Revenue- Heavy Materials' should arrive a ...

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 ...