Eagle Materials: Fiscal Q2 Earnings Snapshot
DALLAS (AP) — DALLAS (AP) — Eagle Materials Inc. (EXP) on Thursday reported fiscal second-quarter net income of $150.6 million.
On a per-share basis, the Dallas-based company said it had profit of $4.26. Earnings, adjusted for one-time gains and costs, were $4.28 per share.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $4.18 per share.
The maker of gypsum wallboard and cement posted revenue of $622.2 million in the period, falling short of Street forecasts. Five analysts surveyed by Zacks expected $632.2 million.
_____
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
