Eagle Materials (EXP) Misses Q2 EPS by 8c

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Go back to Eagle Materials (EXP) Misses Q2 EPS by 8c

Eagle Materials Reports Second Quarter Results

October 26, 2015 4:15 PM EDT

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

Total Company Highlights

Record quarterly revenues of $329.0 million, up 16% Net earnings of $29.8 million, down 41% Net earnings were reduced by $26.2 million (after-tax) of Non-Routine Items related to our Oil and Gas Proppants Segment. See attachment 5. Adjusted EBITDA(1) of $109.7 million, up 14%... More