Eagle Materials Inc. (NYSE:EXP) posts 4Q18 numbers; Misses Estimate

Eagle Materials

Eagle Materials Inc. (NYSE:EXP) revealed net income for the fourth quarter of $ 37.00 million or 76 cents per share, compared to income of $ 36.25 million or 75 cents per share, in the year-ago period.

Headquartered in Dallas, Texas, the company disclosed, revenue that reached $ 284.71 million, rose 2% from $ 278.66 million a year ago.

The consensus estimates from Thomson Reuters are income of $ 1.08 per share from $ 306.04 million in revenue.

Dave Powers, President and CEO, said, our track record of competitive margin performance remains industry leading due to our long-standing commitment to improving our low-cost producer positions, through wise investment in our people, processes and operations. We have invested more than $1.5 billion so far this cycle to profitably grow our businesses and create shareholder value.

Be the first to comment

Leave a Reply