Eagle Materials Inc reports results for the quarter ended in June - Earnings Summary

Eagle Materials

27/07/2023 14:31

* Eagle Materials Inc  EXP.N  reported quarterly adjusted
earnings
of $3.55​​ per share for the quarter ended in June. The mean
expectation of twelve analysts for the quarter was for earnings
of $3.57 per share.
    * Revenue rose 7.1% to $601.52 million from a year ago;
analysts
expected $602.70 million. 
    * Eagle Materials Inc's reported EPS for the quarter was
$3.40​.
    * The mean earnings estimate of analysts had risen by
about 9.7%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Eagle Materials Inc shares had risen by 1.8% this
quarter and
gained 42.9% so far this year.
    * The company reported quarterly net income of $120.85
million.
    * Wall Street's median 12-month price target for Eagle
Materials
Inc is $199.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
27 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      3.57           3.55           Missed
 Mar. 31 2023      2.28           2.79           Beat
 Dec. 31 2022      3.23           3.20           Missed
 Sep. 30 2022      3.57           3.86           Beat