Compared to Estimates, Eagle Materials (EXP) Q3 Earnings: A Look at Key Metrics

Core Viewpoint - Eagle Materials reported a slight decline in revenue for the quarter ended December 2025, with a revenue of $555.96 million, down 0.4% year-over-year, and an EPS of $3.22, compared to $3.59 in the same quarter last year, indicating mixed performance against Wall Street expectations [1]. Financial Performance - Revenue of $555.96 million was slightly above the Zacks Consensus Estimate of $553.98 million, resulting in a surprise of +0.36% [1]. - The company experienced an EPS surprise of -2.92%, with the consensus EPS estimate being $3.32 [1]. - Over the past month, shares of Eagle Materials returned +5.4%, outperforming the Zacks S&P 500 composite's +0.8% change [3]. Key Metrics - Average Net Sales Price for Gypsum Wallboard was $225.19, below the estimated $233.73 [4]. - Average Net Sales Price for Cement was $154.52, compared to the estimated $156.03 [4]. - Revenue from Light Materials - Gypsum Wallboard was $175.87 million, significantly lower than the estimated $191.51 million, representing a -16.1% change year-over-year [4]. - Total Revenue from Light Materials was $203.46 million, below the $221.93 million average estimate, reflecting a -15.8% year-over-year change [4]. - Total Revenue from Heavy Materials was $352.5 million, exceeding the average estimate of $320.44 million, with a year-over-year change of +11.5% [4]. - Revenue from Heavy Materials - Concrete & Aggregates was $69 million, surpassing the estimated $61.37 million, showing a +22.3% change year-over-year [4]. - Revenue from Heavy Materials - Cement (Wholly Owned) was $283.5 million, compared to the $259.07 million average estimate, indicating a +9.1% year-over-year change [4]. Segment Operating Earnings - Segment Operating Earnings for Light Materials - Gypsum Wallboard was $61.36 million, below the average estimate of $73.41 million [4]. - Segment Operating Earnings for Light Materials - Recycled Paperboard was $11.25 million, slightly above the estimated $10.87 million [4]. - Total Segment Operating Earnings for Light Materials was $72.6 million, below the average estimate of $84.28 million [4]. - Segment Operating Earnings for Heavy Materials - Cement was $91.34 million, exceeding the average estimate of $84.37 million [4]. - Segment Operating Earnings for Heavy Materials - Concrete and Aggregates was $1.38 million, below the average estimate of $4.83 million [4].