Eagle Materials (EXP) Misses Q2 EPS by 21c

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Eagle Materials Reports Second Quarter EPS up 17% on Record Revenue

October 30, 2018 6:30 AM EDT

DALLAS--(BUSINESS WIRE)-- Eagle Materials Inc. (NYSE: EXP) today reported financial results for the second quarter of fiscal 2019 ended September 30, 2018. Notable items for the quarter are highlighted below. (Unless otherwise noted, all comparisons are with the prior years fiscal second quarter):

Second Quarter Fiscal 2019 Results

Record second quarter revenue of $381.5 million, up 1% Net earnings per diluted share of $1.53, up 17% Approximately 740,000 shares repurchased for $70 million

Commenting on the second quarter results, Dave Powers, Chief Executive Officer,... More