Eagle Materials (EXP) PT Raised to $311 at Citi

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Eagle Materials Reports Record First Quarter Results With 16% EPS Growth

July 30, 2024 6:30 AM EDT

DALLAS--(BUSINESS WIRE)-- Eagle Materials Inc. (NYSE: EXP) today reported financial results for the first quarter of fiscal 2025 ended June 30, 2024. Notable items for the quarter are highlighted below. (Unless otherwise noted, all comparisons are with the prior years fiscal first quarter):

First Quarter Fiscal 2025 Highlights

Record Revenue of $608.7 million, up 1% Record Net Earnings of $133.8 million, up 11% Record Net Earnings per diluted share of $3.94, up 16% Adjusted EBITDA of $224.5 million, up 5% Adjusted EBITDA is a non-GAAP financial measure calculated by excluding non-routine items... More