Eagle Materials (EXP) Misses Q3 EPS by 12c

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Eagle Materials Reports Third Quarter Results

January 29, 2019 6:30 AM EST

DALLAS--(BUSINESS WIRE)-- Eagle Materials Inc. (NYSE: EXP) today reported financial results for the third quarter of fiscal 2019 ended December 31, 2018. Notable items for the quarter are highlighted below (unless otherwise noted, all comparisons are with the prior years fiscal third quarter):

Third Quarter Fiscal 2019 Results

Third quarter revenue of $333.3 million, down 7% Earnings before income taxes of $74.5 million, up 45% Net earnings per diluted share of $1.24, down 40% Prior-year results were affected by two non-recurring items detailed below... More