Eagle Materials (EXP) Tops Q4 EPS by 16c

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Eagle Materials Inc. Reports Record Fiscal Year

May 18, 2016 4:15 PM EDT

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

Company Annual Results

Record revenues of $1.1 billion, up 7% Cash flow from operations of $265.8 million, up 14% Net earnings per diluted share of $3.05, down 18%

Company Fourth Quarter Results

Record revenues of $252.1... More