Eagle Materials (EXP) Posts Quarterly Earnings Results, Misses Estimates By $0.10 EPS
Eagle Materials (NYSE:EXP) posted its quarterly earnings results on Tuesday. The company reported $0.63 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.73 by $0.10, Analyst RN reports. The company had revenue of $228.80 million for the quarter, compared to the consensus estimate of $236.51 million. During the same quarter last year, the company posted $0.43 earnings per share. Eagle Materials’s revenue was up 38.9% compared to the same quarter last year.
Shares of Eagle Materials (NYSE:EXP) traded down 0.21% on Tuesday, hitting $75.50. 1,771,526 shares of the company’s stock traded hands. Eagle Materials has a 1-year low of $59.08 and a 1-year high of $81.95. The stock has a 50-day moving average of $76.67 and a 200-day moving average of $72.87. The company has a market cap of $3.770 billion and a P/E ratio of 39.37.
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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