Eagle Materials Inc expected to post earnings of $3.55 a share - Earnings Preview

Eagle Materials

23/01/2024 14:10

* Eagle Materials Inc  EXP.N   EXP  is expected to show a
rise in
quarterly revenue when it reports  results on January 25 for the
period ending December 31 2023
    * The Dallas Texas-based  company is expected to report a
4.9% increase in revenue to $536.573 million from $511.49
million a year ago, according to the mean estimate from 9
analysts, based on LSEG data. (Sales is on "Total Revenues"
Basis)
    * ​LSEG's mean analyst estimate for Eagle Materials Inc is
for
earnings of $3.55 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Eagle
Materials
Inc is $220.00​, above​ its last closing price of $209.56. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  4.26        4.25       4.28      Beat    0.6
 Jun. 30 2023  3.60        3.57       3.55      Missed  -0.6
 Mar. 31 2023  2.27        2.28       2.79      Beat    22.1​
 Dec. 31 2022  3.25        3.23       3.20      Missed  -0.9
 ​​Sep.        3.60        3.57       3.86      Beat    8.1
 30 2022                                                
 Jun. 30 2022  2.79        2.81       2.82      Beat    0.3​
 Mar. 31 2022  1.74        1.73       1.90      Beat    10
 Dec. 31 2021  2.49        2.46       2.53      Beat    2.8
 This summary was machine generated January 23 at 14:10 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)