Eagle Materials Inc. (NYSE:EXP) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company.
Eagle Materials Inc. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 110% to $0.42 in the quarter versus EPS of $0.20 in the year-earlier quarter.
Revenue: Rose 36.22% to $159.1 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Eagle Materials Inc. reported adjusted EPS income of $0.42 per share. By that measure, the company beat the mean analyst estimate of $0.4. It missed the average revenue estimate of $171.44 million.
Quoting Management: There was no comment from the management.
Key Stats (on next page)…