Eagle Materials (NYSE:EXP) Posts Quarterly Earnings Results, Misses Estimates By $0.19 EPS

Eagle Materials (NYSE:EXP) issued its quarterly earnings data on Wednesday. The construction company reported $3.63 EPS for the quarter, missing the consensus estimate of $3.82 by ($0.19), FiscalAI reports. The company had revenue of $652.75 million during the quarter, compared to analyst estimates of $633.08 million. Eagle Materials had a return on equity of 26.87% and a net margin of 17.32%. The business’s revenue was up 2.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $4.23 earnings per share.

Here are the key takeaways from Eagle Materials’ conference call:

• Second-quarter revenue reached a record $653 million, up 2%, but EPS fell 14% to $3.63 as higher diesel-related freight and other operating costs weighed on margins.
• Cement demand remained supported by infrastructure and data-center projects, and Eagle announced price increases of roughly $10–$15 per ton in most cement markets effective January 2027. Residential construction and wallboard demand remain weak amid affordability and interest-rate pressures.
• Mountain Cement’s aging plant experienced another operational disruption, and commissioning its replacement may temporarily increase freight costs; management said it expects to maintain customer service during the transition. The modernization remains on schedule, with savings expected to build from the latter part of fiscal 2028.
• Operating cash flow rose 7% to $364 million in the first half, and Eagle returned $162 million to shareholders through dividends and share repurchases. Capital spending is expected to peak in fiscal 2027, with a significant step-down anticipated in fiscal 2028 as the Laramie project is completed.

Eagle Materials Stock Up 3.8%

EXP traded up $7.42 on Wednesday, hitting $200.18. 387,370 shares of the company were exchanged, compared to its average volume of 454,502. The firm has a 50-day moving average price of $179.76 and a two-hundred day moving average price of $202.36. The company has a current ratio of 3.23, a quick ratio of 1.91 and a debt-to-equity ratio of 1.17. Eagle Materials has a twelve month low of $160.02 and a twelve month high of $245.53. The company has a market cap of $6.14 billion, a price-to-earnings ratio of 15.90 and a beta of 1.29.

Eagle Materials Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, January 11th. Investors of record on Monday, December 14th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Monday, December 14th. Eagle Materials’s payout ratio is presently 7.91%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on EXP. Truist Financial cut their price objective on Eagle Materials from $210.00 to $165.00 and set a “hold” rating on the stock in a report on Thursday, October 8th. Royal Bank Of Canada dropped their target price on Eagle Materials from $219.00 to $170.00 and set a “sector perform” rating for the company in a research report on Friday, October 9th. Wells Fargo & Company cut their price target on shares of Eagle Materials from $196.00 to $188.00 and set an “equal weight” rating on the stock in a research note on Monday, October 5th. Zacks Research cut shares of Eagle Materials from a “hold” rating to a “strong sell” rating in a research report on Friday, October 16th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Eagle Materials from $225.00 to $200.00 and set a “neutral” rating for the company in a research note on Tuesday, October 13th. Ten investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Eagle Materials has a consensus rating of “Reduce” and an average price target of $195.22.

Trending Headlines about Eagle Materials

Here are the key news stories impacting Eagle Materials this week:

• Positive Sentiment: Revenue of $652.75 million topped the $633.08 million analyst estimate and rose 2.2% year over year, indicating modest sales growth. Eagle Materials quarterly results
• Neutral Sentiment: The company kept its quarterly dividend at $0.25 per share, equivalent to $1.00 annually and a yield of about 0.5%. Eagle Materials maintains dividend
• Negative Sentiment: EPS was $3.63, below analyst expectations of roughly $3.71–$3.82 and down from $4.23 a year earlier. Reports pointed to surging costs, which outweighed the revenue beat and may pressure profitability. Eagle Materials Q2 results and costs

Insider Transactions at Eagle Materials

In other news, SVP Tony Thompson sold 3,074 shares of Eagle Materials stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $203.96, for a total value of $626,973.04. Following the completion of the transaction, the senior vice president owned 10,142 shares in the company, valued at approximately $2,068,562.32. This trade represents a 23.26% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.70% of the stock is owned by corporate insiders.

About Eagle Materials

Eagle Materials Inc (NYSE: EXP) is a U.S.-based manufacturer of building materials used in residential, commercial, infrastructure and industrial construction. The company’s principal products include cement, gypsum wallboard, concrete and aggregates.

Its cement business produces and distributes Portland cement and related cement products, while its gypsum wallboard business supplies panels used in interior construction. Eagle Materials also provides ready-mixed concrete and construction aggregates, including crushed stone, sand and gravel, for building and infrastructure projects.

The company traces its history to Centex Construction Products, which was spun off from Centex Corporation in 1994 and later adopted the Eagle Materials name.