Eagle Materials Q4 revenue beats, helped by higher cement sales volume

Eagle Materials

19/05/2026 11:40

Overview

US construction materials maker's Q4 revenue rose 2% yr/yr, beating analyst expectations

Q4 adjusted EPS fell 5% yr/yr

Company repurchased $71.5 mln in shares during the quarter

Outlook

Company expects to commission new kiln line at Mountain Cement plant in late 2026

Eagle Materials sees continued near-term demand uncertainty due to evolving geopolitical and policy conditions

Company expects Duke, Oklahoma wallboard plant modernization to be completed in second half of 2027

Result Drivers

CEMENT VOLUME GROWTH - Higher Cement sales volume, driven by public infrastructure and private non-residential construction activity, supported Q4 results

GYPSUM WALLBOARD WEAKNESS - Lower Gypsum Wallboard sales volume and prices, reflecting continued softness in residential construction, weighed on Light Materials segment results

LOWER OPERATING COSTS - Reduced maintenance costs in Cement operations helped offset the impact of lower sales prices

Company press release: ID:nBw4b1mvba

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$479.1 mln
$451.79 mln (10 Analysts)
Q4 EPS
$1.91
Q4 Net Earnings
$60.2 mln
Q4 Adjusted EBITDA
$136.1 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 8 "hold" and 2 "sell" or "strong sell"

The average consensus recommendation for the construction materials peer group is "buy."

Wall Street's median 12-month price target for Eagle Materials Inc is $228.00, about 16% above its May 18 closing price of $196.63

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 15 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)