Eagle Materials Earnings: Everything You Must Know Now

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.

Markets are at 5-year highs! Discover the best stocks to own. Click here for our fresh Feature Stock Pick now!

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)…

Revenue decreased 3.42% from $164.74 million in the previous quarter. EPS decreased 2.33% from $0.43 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.64 to a profit $0.63. For the current year, the average estimate has moved down from a profit of $1.65 to a profit of $1.62 over the last ninety days.

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)