Eagle Materials (EXP) Tops Q3 EPS by 1c

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Eagle Materials Reports Third Quarter Results

February 4, 2020 6:30 AM EST

DALLAS--(BUSINESS WIRE)-- Eagle Materials Inc. (NYSE: EXP) today reported financial results for the third quarter of fiscal 2020 ended December 31, 2019. Notable items for the quarter are highlighted below (unless otherwise noted, all comparisons are with the prior years fiscal third quarter):

Third Quarter Fiscal 2020 Results

Third quarter revenue of $350.2 million, up 5% Net loss per diluted share of $2.77, down 323% Asset impairments of $224.3 million related to the Oil and Gas Proppants business were the principal factor contributing to the net loss for the... More