Eagle Materials Set to Announce Quarterly Earnings on Monday

Eagle Materials will announce its Q216 earnings results on Monday, October 26th. Analysts expect the company to announce earnings of $1.21 per share and revenue of $345.96 million for the quarter.
Eagle Materials last released its quarterly earnings data on Monday, August 3rd. The company reported $0.75 earnings per share for the quarter, missing the consensus estimate of $0.87 by $0.12. During the same quarter in the previous year, the business earned $0.75 earnings per share. The company earned $285 million during the quarter, compared to analyst estimates of $321.04 million. The firm’s quarterly revenue was up 7.0% compared to the same quarter last year. On average, analysts expect Eagle Materials to post $3.93 EPS for the current fiscal year and $5.17 EPS for the next fiscal year.
Several research analysts have issued reports on EXP shares. Longbow Research lowered Eagle Materials from a “buy” rating to a “neutral” rating in a report on Friday, October 9th. Zacks raised shares of Eagle Materials from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 21st. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $93.00 price target (down from $98.00) on shares of Eagle Materials in a research report on Wednesday, August 5th.

Shares of Eagle Materials opened at 65.79 on Thursday. The firm has a market capitalization of $3.31 billion and a price-to-earnings ratio of 17.74. Eagle Materials has a 1-year low of $65.26 and a 1-year high of $94.78. The company has a 50-day moving average price of $74.62 and a 200 day moving average price of $79.22.
The firm also recently announced a quarterly dividend, which will be paid on Friday, November 6th. Shareholders of record on Monday, October 5th will be given a dividend of $0.10 per share. The ex-dividend date is Thursday, October 1st. This represents a $0.40 annualized dividend and a dividend yield of 0.61%.
In other Eagle Materials news, EVP James H. Graass sold 1,500 shares of the stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $82.00, for a total value of $123,000.00. Following the completion of the sale, the executive vice president now owns 60,358 shares in the company, valued at approximately $4,949,356. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Eagle Materials Inc. produces and distributes gypsum wallboard and also manufactures and sells cement. Gypsum wallboard is distributed throughout the U.S., in the geographic markets nearest to its production facilities. The Company sells cement in six regional markets, including California and northern Nevada, the greater Chicago area, the Rocky Mountain region, the Central Plains region and Texas. The Company’s gypsum wallboard company is supported by its own recycled paperboard company, while its cement business is supported by its own concrete and aggregates company. The Company operates four aggregates facilities, five gypsum wallboard plants, one recycled paperboard plant, concrete batching plant that are seventeen, six cement plants and one frac sand processing and drying plant. The Company operates in two business segments: Concrete and Cement and Aggregates, and Gypsum Wallboard and Recycled Paperboard.
Haomei machinery equipment co.,ltd. is located in the famous machinery capital of Zhengzhou, China. We are professional machinery products manufacturer-featuring a wide range of quality concrete batching plant, mobile batching plant, concrete pump, truck mixer, block machine and asphalt mixing plant etc.

Haomei machinery equipment CO., LTD.

Website: haomeibatchplant.com

Office Add: No.14 Waihuan Road, New district, Zhengzhou, China
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