Eagle Materials (EXP) Lags Q2 Earnings and Revenue Estimates

Eagle Materials (EXP) came out with quarterly earnings of $4.31 per share, missing the Zacks Consensus Estimate of $4.75 per share. This compares to earnings of $4.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -9.26%. A quarter ago, it was expected that this maker of gypsum wallboard and cement would post earnings of $3.57 per share when it actually produced earnings of $3.94, delivering a surprise of 10.36%.Over the last ...