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

Eagle Materials

19/05/2023 22:57

* Eagle Materials Inc  EXP.N  reported quarterly adjusted
earnings
of $2.79​​ per share for the quarter ended in March. The mean
expectation of thirteen analysts for the quarter was
for earnings of $2.28 per share.
    * Revenue rose 13.8% to $470.13 million from a year ago;
analysts
expected $455.38 million. 
    * Eagle Materials Inc's reported EPS for the quarter was
$2.79​.
    * The mean earnings estimate of analysts had fallen by
about 1.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Eagle Materials Inc shares had risen by 13.1% this
quarter and
gained 25.0% so far this year.
    * The company reported quarterly net income of $100.36
million.
    * Wall Street's median 12-month price target for Eagle
Materials
Inc is $189.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
19 at 09:57 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      2.81           2.82           Beat