Eagle Materials (EXP) Misses Q3 EPS by 5c

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Go back to Eagle Materials (EXP) Misses Q3 EPS by 5c

Eagle Materials Reports Third Quarter Results

January 28, 2016 4:15 PM EST

DALLAS--(BUSINESS WIRE)-- Eagle Materials Inc. (NYSE: EXP) today reported financial results for the third quarter of fiscal 2016 ended December 31, 2015. Notable items for the quarter include (all comparisons, unless otherwise noted, are with the prior fiscal years third quarter):

Company Quarterly Results

Quarterly revenues of $277.4 million, down 5% Net earnings of $45.8 million, down 12% Cash flow from operations of $108.7 million, up 66% Net earnings per diluted share of $0.92, down 11%

Notable Highlights

Record third quarter Cement earnings of $41.8 million, up 11%... More