U.S. Markets closed

Eagle Materials: Fiscal 2Q Earnings Snapshot

DALLAS (AP) _ Eagle Materials Inc. (EXP) on Tuesday reported fiscal second-quarter earnings of $72.6 million.

On a per-share basis, the Dallas-based company said it had net income of $1.53.

The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.68 per share.

The maker of gypsum wallboard and cement posted revenue of $381.5 million in the period, also missing Street forecasts. Four analysts surveyed by Zacks expected $405.1 million.

Eagle Materials shares have fallen 42 percent since the beginning of the year. The stock has declined 39 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EXP at https://www.zacks.com/ap/EXP