Eagle Materials (EXP) Tops Q1 EPS by 46c

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Eagle Materials Reports Record First Quarter Results

July 30, 2020 6:30 AM EDT

DALLAS--(BUSINESS WIRE)-- Eagle Materials Inc. (NYSE: EXP) today reported financial results for the first quarter of fiscal 2021 ended June 30, 2020. Notable items for the quarter are highlighted below. (Unless otherwise noted, all comparisons are with the prior years fiscal first quarter):

First Quarter Fiscal 2021 Results

Record revenue of $428.0 million, up 15% Record net earnings per diluted share of $2.31, up 146% Net earnings benefitted from a $52.0 million (pre-tax) gain on the sale of our northern California concrete and aggregates businesses Adjusted... More