Eagle Materials (EXP) Misses Q1 EPS by 12c

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Eagle Materials Reports First Quarter Results

August 3, 2015 4:15 PM EDT

DALLAS--(BUSINESS WIRE)-- Eagle Materials Inc. (NYSE: EXP) today reported financial results for the first quarter of fiscal 2016 ended June 30, 2015. Notable items for the quarter include (all comparisons, unless otherwise noted, are with the prior years first quarter):

First quarter revenues of $285.0 million, up 7% Earnings before interest and income taxes of $60.4 million, up 1% Net Earnings of $37.8 million, up slightly EBITDA(1) of $84.6 million, up 10% Net earnings per diluted share of $0.75, flat with the prior... More