Recap: Eagle Materials Q3 Earnings

Shares of Eagle Materials EXP decreased 0.1% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share increased 28.48% over the past year to $1.94, which beat the estimate of $1.74.

Revenue of $404,667,000 up by 15.54% year over year, which beat the estimate of $385,120,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Jan 28, 2021

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/gyehnunx

Price Action

52-week high: $116.61

52-week low: $41.83

Price action over last quarter: Up 27.12%

Company Overview

Eagle Materials Inc produces and sells construction products, building materials, and materials used for oil and natural gas extraction. Construction products include cement, slag, concrete, and aggregates and building materials include gypsum wallboard, and are sold to the construction and building industries. Basic materials used for oil and natural gas extraction include frac sand and oil well cement. The firm organizes itself into three sectors: Heavy Materials, which includes the Cement and Concrete and Aggregates segments; Light Materials, which includes the Gypsum Wallboard and Recycled Paperboard segments; and Oil and Gas Proppants, which are used in oil and gas extraction.