Eagle Materials Reports Fourth Quarter and Fiscal Year 2020 Results

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Eagle Materials (EXP) Tops Q4 EPS by 40c, Revenues Beat

May 19, 2020 6:31 AM EDT

Eagle Materials (NYSE: EXP) reported Q4 EPS of $1.28, $0.40 better than the analyst estimate of $0.88. Revenue for the quarter came in at $315.4 million versus the consensus estimate of $285.44 million.

Fourth Quarter Fiscal 2020 Results

Record revenue of $315.4 million, up 11%Net earnings per diluted share of $1.74, up from a loss of $2.82 in the prior yearNet earnings benefitted by $31.7 million from the carryback of net operating losses to prior years, as allowed under the CARES ActAdjusted net earnings per diluted share of $1.28, up 45%Adjusted net earnings per diluted share is a... More