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Eagle Materials: Fiscal 3Q Earnings Snapshot

DALLAS (AP) _ Eagle Materials Inc. (EXP) on Tuesday reported fiscal third-quarter profit of $57.7 million.

The Dallas-based company said it had profit of $1.24 per share.

The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.30 per share.

The maker of gypsum wallboard and cement posted revenue of $333.3 million in the period, also missing Street forecasts. Four analysts surveyed by Zacks expected $352.7 million.

Eagle Materials shares have risen 13 percent since the beginning of the year. The stock has declined 43 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