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Eagle Materials manufactures heavy construction products and light building materials for U.S. construction markets. Its core product categories include Portland Cement, aggregates, concrete, gypsum wallboard and recycled paperboard, organized around Heavy Materials and Light Materials operations.
Recurring company news covers quarterly earnings releases, conference-call schedules, dividend declarations, capital allocation actions, plant modernization projects and exchange-listing updates for EXP common stock. Operating updates often discuss demand from public infrastructure, non-residential construction and residential building activity, along with volume and pricing trends across cement, aggregates, wallboard and paperboard.
Terra CO2 has secured US$82M in Series B funding, co-led by Just Climate, Eagle Materials (NYSE: EXP), and GenZero, with participation from Breakthrough Energy Ventures. The funding will accelerate the commercial deployment of Terra's OPUS technology for sustainable cement production across North America and Europe.
The company has agreements with Asher Materials for its first facility in Dallas-Fort Worth and option agreements with Eagle Materials for multiple 240,000-ton plants. Terra recently received a US$52.6M DOE grant for a second commercial plant and has validated its technology through successful projects, including a Porsche dealership in Houston.
Terra's OPUS products use abundant raw materials and work within existing industry infrastructure, offering a practical solution to cement decarbonization, which accounts for 8% of global CO2 emissions. The company has also advanced its OPUS ZERO™ technology, a 100% cement replacement solution, into full concrete trials.
Eagle Materials (NYSE: EXP) has announced a quarterly cash dividend of $0.25 per share, payable on April 14, 2025, to stockholders of record at the close of business on March 17, 2025.
The company is a leading U.S. manufacturer of heavy construction products and light building materials, with Portland Cement and Gypsum Wallboard as its primary products. These materials are essential for infrastructure development and construction projects across America. Eagle operates through a network of more than 70 facilities across 21 states.
Eagle Materials (NYSE: EXP) reported its Q3 fiscal 2025 financial results with revenue of $558.0 million and net earnings of $119.6 million, or $3.56 per share. The company achieved an Adjusted EBITDA of $208.8 million and maintained a gross profit margin of 31.9%.
Despite adverse weather conditions affecting cement sales in Midwest and Great Plains markets, the company saw higher sales volumes in Gypsum Wallboard and Recycled Paperboard. The Heavy Materials sector revenue decreased 4% to $351.8 million, while Light Materials sector revenue increased 6% to $241.7 million.
During the quarter, EXP repurchased approximately 195,000 shares for $55 million, announced the acquisition of Bullskin Stone and Lime, and maintained a net leverage ratio of 1.2x with $1.0 billion in debt.
Eagle Materials (NYSE: EXP) has announced it will release its third quarter fiscal 2025 financial results on Wednesday, January 29, 2025, before the NYSE opens. The company will host an investor conference call the same day at 8:30 am Eastern Time.
Investors can access the call through a webcast and slide presentation available at ir.eaglematerials.com/events-presentations, or by dialing 833-630-0590 (domestic) or 412-317-1829 (international). A recording will be available until February 5, 2025, and accessible for one year on the company's website.
Eagle Materials is a leading U.S. manufacturer of heavy construction products and light building materials, primarily Portland Cement and Gypsum Wallboard. The company operates through more than 70 facilities across 21 states.
Eagle Materials (NYSE: EXP) has announced a definitive agreement to acquire Bullskin Stone & Lime, a pure-play aggregates business in Western Pennsylvania, for $152.5 million. The acquisition target serves the Pittsburgh and broader Western Pennsylvania markets, and the deal is expected to close within 60 days, subject to customary conditions.
This strategic move aligns with Eagle's long-term growth strategy by expanding its network of aggregates quarries and cement plants in the region. Eagle Materials is a leading U.S. manufacturer of heavy construction products and light building materials, operating more than 70 facilities across 21 states, with primary products including Portland Cement and Gypsum Wallboard.
Eagle Materials (NYSE: EXP) has announced a quarterly cash dividend of $0.25 per share, payable on January 13, 2025, to stockholders of record at the close of business on December 16, 2024. The company is a leading U.S. manufacturer of heavy construction products and light building materials, primarily Portland Cement and Gypsum Wallboard. Eagle operates through more than 70 facilities across 21 states, focusing on essential materials for construction, road infrastructure, and building renovation projects throughout America.
Eagle Materials (NYSE: EXP) reported financial results for Q2 FY2025, achieving record revenue of $623.6 million. Net earnings reached $143.5 million, with earnings per diluted share of $4.26. The company reported Adjusted EBITDA of $242.2 million and repurchased 253,000 shares for $61 million.
Despite adverse weather affecting cement and aggregates sales volumes, operating cashflow increased 35% to $233 million. The Heavy Materials sector saw a 2% revenue decrease to $418.7 million, while Light Materials revenue grew 5% to $244.1 million. The company maintained a strong balance sheet with debt of $1.1 billion and a net leverage ratio of 1.2x.
Eagle Materials Inc. (NYSE: EXP) has announced the schedule for its second quarter fiscal 2025 earnings release and conference call. The company will release financial results for the quarter ended September 30, 2024, on Tuesday, October 29, 2024, before the NYSE opens. An investor conference call will be held the same day at 8:30 am Eastern Time (7:30 am Central Time).
Investors can access the call via webcast and slide presentation at ir.eaglematerials.com/webcasts-presentations or by dialing 833-630-0590 (domestic) or 412-317-1829 (international) with the conference ID 'Eagle Materials'. A recording of the call will be available until November 5, 2024, and a one-year replay will be accessible on the company's website.
Eagle Materials Inc. is a leading U.S. manufacturer of heavy construction products and light building materials, with a focus on Portland Cement and Gypsum Wallboard. The company operates over 70 facilities across 21 states and is headquartered in Dallas, Texas.
Eagle Materials Inc. (NYSE: EXP) has announced a quarterly cash dividend of $0.25 per share, payable on October 17, 2024, to stockholders of record at the close of business on September 17, 2024. Eagle Materials is a leading U.S. manufacturer of heavy construction products and light building materials, with a focus on Portland Cement and Gypsum Wallboard. The company operates through a network of more than 70 facilities across 21 states and is headquartered in Dallas, Texas. Eagle's products are essential for infrastructure development and building construction throughout America.
Eagle Materials Inc. (NYSE: EXP) reported record first quarter results for fiscal 2025 ended June 30, 2024. Highlights include:
- Record Revenue of $608.7 million, up 1%
- Record Net Earnings of $133.8 million, up 11%
- Record Net Earnings per diluted share of $3.94, up 16%
- Adjusted EBITDA of $224.5 million, up 5%
The company repurchased approximately 348,000 shares for $85.5 million. Despite adverse weather conditions affecting sales volumes in core markets, Eagle's portfolio performed well. The company expects steady demand for its products, driven by infrastructure and heavy industrial projects, as well as resilient residential construction activity.