Eagle Materials (NYSE: EXP) reported Q4 EPS of $0.76, $0.32 worse than the analyst estimate of $1.08. Revenue for the quarter came in at $284.7 million versus the consensus estimate of $306.04 million.

Fourth Quarter Fiscal 2018 Results

• Record revenue of $284.7 million, up 2%
• Net earnings per diluted share of $0.76, up 1%
• Fourth Quarter Fiscal 2018 results were affected by two items:
  • A $6 million pre-tax charge related to the settlement by American Gypsum of the antitrust lawsuit brought by a group of homebuilders
  • $4 million of personnel-related expenses, including an increased contribution made to the Eagle profit sharing plan and a pension settlement charge

Commenting on the results, Dave Powers, President and CEO, said, “Our track record of competitive margin performance remains industry leading due to our long-standing commitment to improving our low-cost producer positions, through wise investment in our people, processes and operations. We have invested more than $1.5 billion so far this cycle to profitably grow our businesses and create shareholder value. As we look ahead, our strong balance sheet and anticipated cash flows, which have been enhanced by tax reform, position us to continue to execute on value-creation opportunities.”

For earnings history and earnings-related data on Eagle Materials (EXP) click here.