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Recap: Eagle Materials Q1 Earnings

·1 min read

Shares of Eagle Materials (NYSE:EXP) fell 0.1% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share were up 38.94% over the past year to $1.57, which beat the estimate of $1.11.

Revenue of $428,020,000 up by 15.49% year over year, which beat the estimate of $382,670,000.

Outlook

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

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

Conference Call Details

Date: Jul 30, 2020

View more earnings on EXP

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/nybhe55o

Recent Stock Performance

Company's 52-week high was at $97.10

Company's 52-week low was at $41.83

Price action over last quarter: Up 29.22%

Company Description

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.

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