Eagle Materials (EXP) Set to Announce Quarterly Earnings on Wednesday
Eagle Materials (NYSE:EXP) is set to issue its Q214 quarterly earnings data on Wednesday, October 30th. Analysts expect the company to announce earnings of $0.80 per share and revenue of $259.30 million for the quarter.
Eagle Materials (NYSE:EXP) last posted its quarterly earnings results on Wednesday, August 7th. The company reported $0.60 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.63 by $0.03. The company had revenue of $227.04 million for the quarter, compared to the consensus estimate of $246.76 million. During the same quarter in the prior year, the company posted $0.31 earnings per share. The company’s quarterly revenue was up 47.4% on a year-over-year basis. On average, analysts expect Eagle Materials to post $2.80 EPS for the current fiscal year and $4.39 EPS for the next fiscal year.
Shares of Eagle Materials (NYSE:EXP) opened at 76.73 on Tuesday. Eagle Materials has a one year low of $41.81 and a one year high of $77.84. The stock has a 50-day moving average of $66.66 and a 200-day moving average of $68.28. The company has a market cap of $3.803 billion and a price-to-earnings ratio of 50.55.
On the ratings front, analysts at Goldman Sachs Group Inc. reiterated a “conviction-buy” rating on shares of Eagle Materials in a research note to investors on Monday, August 12th. They now have a $94.00 price target on the stock. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $80.32.
Eagle Materials Inc (NYSE:EXP) is engaged in the manufacture and distribution of gypsum wallboard and the manufacture and sale of cement.
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