Eagle Materials Inc (NYSE:EXP) producer of construction and building materials, is reporting second quarter earnings results on Thursday 29th October 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 1.85 per share from $ 445.68 million in revenue.
For the full year, analysts predict revenues of $ 1555.27 million, while looking forward to income of $ 5.97 per share.
Previous Quarter Performance
Eagle Materials Inc outlined income for the first quarter of $ 1.57 per share, from the revenue of $ 428.02 million. The quarterly earnings raised 38.94 percent compared with the same quarter last year. Wall street analysts are predicting, EXP to report 1Q21 income of $ 1.12 per share from revenue of $ 383.37 million. The bottom line results beat street analysts by $ 0.45 or 40.18 percent, at the same time, top line results outshined analysts by $ 44.65 million or 11.65 percent.
Stock Performance
Shares of Eagle Materials Inc traded low $ -4.32 or -4.95 percent on Wednesday, reaching $ 82.97 with volume of 360.00 thousand shares. Eagle Materials Inc has traded high as $ 86.00 and has cracked $ 82.88 on the downward trend
According to the previous trading day, closing price of $ 82.97, representing a 108.68 % increase from the 52 week low of $ 41.83 and a 9.39 % decrease over the 52 week high of $ 96.34.
The company has a market capital of $ 3.46 billion and is part of the Basic Materials sector and Building Materials industry.
Conference Call
Eagle Materials Inc will be hosting a conference call at 8:30 AM eastern time on 29th October 2020, to discuss its 2Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.eaglematerials.com
Eagle Materials Inc., through its subsidiaries, produces and supplies heavy construction materials, light building materials, and materials used for oil and natural gas extraction in the United States. It operates in five segments: Cement, Concrete and Aggregates, Gypsum Wallboard, Recycled Paperboard, and Oil and Gas Proppants. The company engages in mining of limestone for the manufacture, production, distribution, and sale of Portland cement and specialty oil well cement; grinding of slag; and mining of gypsum for the manufacture and sale of gypsum wallboards used to finish the interior walls and ceilings in residential, commercial, and industrial structures.
