Texas Industries Earnings: Everything You Must Know Now

Texas Industries Inc. (NYSE:TXI) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.

Texas Industries Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 266787.5% to $213.51 in the quarter versus EPS of $0.08 in the year-earlier quarter.

Revenue: Rose 22.31% to $213.51 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Texas Industries Inc. reported adjusted EPS income of $213.51 per share. By that measure, the company beat the mean analyst estimate of $0.2. It beat the average revenue estimate of $199.7 million.

Quoting Management: “The fourth quarter certainly benefited from the continuing recovery of construction activity in our major markets,” stated Mel Brekhus, Chief Executive Officer. “Shipments of all products reflect double digit percentage increases compared to a year ago.”

Key Stats (on next page)…

Revenue increased 51.04% from $141.36 million in the previous quarter. EPS increased to $213.51 in the quarter versus EPS of $-0.30 in the previous quarter.

Looking Forward: Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.01 to a profit $0.02. For the current year, the average estimate has moved up from a loss of $0.62 to a loss of $0.57 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)