One stock that might be an intriguing choice for investors right now is Eagle Materials Inc. (EXP) . This is because this security in the Building Products - Concrete and Aggregates space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

Eagle Materials Inc. (EXP) reported impressive third-quarter fiscal 2024 (ended Dec 31, 2023) results, wherein earnings and revenues topped the Zacks Consensus Estimate. The top and the bottom lines grew on a year-over-year basis as well.The company’s results reflect higher gross sales price and sales volume, especially in the Heavy Materials segment. The acquisition of Battletown Aggregates and the Stockton Terminal Acquisition contributed $2 million and $11.2 million to revenues, respectively, thus drivin ...

Have you been paying attention to shares of Eagle Materials (EXP) ? Shares have been on the move with the stock up 6.4% over the past month. The stock hit a new 52-week high of $216.99 in the previous session. Eagle Materials has gained 6.4% since the start of the year compared to the 48.7% move for the Zacks Construction sector and the 46.9% return for the Zacks Building Products - Concrete and Aggregates industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises ...

For the quarter ended December 2023, Eagle Materials (EXP) reported revenue of $558.83 million, up 9.3% over the same period last year. EPS came in at $3.72, compared to $3.20 in the year-ago quarter.The reported revenue represents a surprise of +4.02% over the Zacks Consensus Estimate of $537.23 million. With the consensus EPS estimate being $3.56, the EPS surprise was +4.49%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determi ...

Eagle Materials (EXP) came out with quarterly earnings of $3.72 per share, beating the Zacks Consensus Estimate of $3.56 per share. This compares to earnings of $3.20 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.49%. A quarter ago, it was expected that this maker of gypsum wallboard and cement would post earnings of $4.18 per share when it actually produced earnings of $4.28, delivering a surprise of 2.39%.Over the last f ...

DALLAS--(BUSINESS WIRE)--Eagle Materials Inc. (NYSE: EXP) today reported financial results for the third quarter of fiscal 2024 ended December 31, 2023. Notable items for the quarter are highlighted below (unless otherwise noted, all comparisons are with the prior year’s fiscal third quarter): Third Quarter Fiscal 2024 Highlights Record Revenue of $558.8 million, up 9% Record Net Earnings of $129.1 million, up 10% Net Earnings per share of $3.72, up 16% Adjusted EBITDA of $218.6 million, up 10% A ...

Eagle Materials Inc. (EXP) is scheduled to report third-quarter fiscal 2024 (ended Dec 31, 2023) results on Jan 25, before the opening bell.In the last reported quarter, the company’s earnings beat the Zacks Consensus Estimate by 2.4%, but revenues missed the same by 1.6%. On a year-over-year basis, the earnings of heavy construction materials and light building materials producers increased 14% and revenues rose 3%.Eagle Materials’ earnings topped the consensus mark in three of the last four quarters and m ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Quarterly Period Ended December 31, 2023 Commission File Number 1-12984 EAGLE MATERIALS INC. (Exact name of registrant as specified in its charter) Delaware (State of Incorporation) 75-2520779 (I.R.S. Employer Identification No.) 5960 Berkshire Lane, Suite 900, Dallas, Texas 75225 (Address of principal executive offices) (214) 432-2 ...

In its upcoming report, Eagle Materials (EXP) is predicted by Wall Street analysts to post quarterly earnings of $3.56 per share, reflecting an increase of 11.3% compared to the same period last year. Revenues are forecasted to be $537.23 million, representing a year-over-year increase of 5%.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timefr ...