Eagle Materials: Fiscal 3Q Earnings Snapshot
DALLAS (AP) _ Eagle Materials Inc. (EXP) on Tuesday reported fiscal third-quarter profit of $57.7 million.
The Dallas-based company said it had profit of $1.24 per share.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.30 per share.
The maker of gypsum wallboard and cement posted revenue of $333.3 million in the period, also missing Street forecasts. Four analysts surveyed by Zacks expected $352.7 million.
Eagle Materials shares have risen 13 percent since the beginning of the year. The stock has declined 43 percent in the last 12 months.