Welcome to our dedicated page for Eagle Matls news (Ticker: EXP), a resource for investors and traders seeking the latest updates and insights on Eagle Matls stock.
Eagle Materials Inc. (NYSE: EXP) generates a steady flow of news as a U.S. manufacturer of heavy construction products and light building materials. Company updates frequently highlight its core products, including Portland Cement, gypsum wallboard, concrete, aggregates, slag and recycled paperboard, which support infrastructure work and building and renovation projects across the United States.
News about Eagle Materials often centers on quarterly and annual earnings results, where the company reports performance by its Heavy Materials and Light Materials sectors. These releases discuss revenue and operating earnings for cement, concrete and aggregates, gypsum wallboard and recycled paperboard, along with management’s commentary on demand trends in infrastructure, residential housing and non-residential construction end markets.
Investors following EXP can also expect capital investment and growth project announcements. Recent communications have described modernization and expansion projects at the Mountain Cement plant, the startup of a slag-cement facility in Houston through the Texas Lehigh joint venture, and a major expansion and modernization of the Duke, Oklahoma gypsum wallboard plant operated by American Gypsum. Such news provides insight into how Eagle Materials seeks to adjust capacity, cost structure and geographic coverage.
Additional news items include dividend declarations, share repurchase activity, debt offerings such as senior notes, and listing developments like the dual listing of EXP on NYSE Texas while maintaining its primary listing on the New York Stock Exchange. Conference call and webcast announcements give details on how investors can access management’s discussions of results and outlook.
For readers and market participants, the Eagle Materials news feed on Stock Titan offers a centralized view of these earnings releases, capital markets actions, operational updates and corporate developments related to EXP.
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.
Eagle Materials Inc. (NYSE: EXP) has announced the release of its financial results for the first quarter of fiscal year 2025, ending June 30, 2024. The results will be disclosed on Tuesday, July 30, 2024, before the NYSE opens. The company will also host an investor conference call on the same day at 8:30 am Eastern Time.
Investors can access the call via webcast and slide presentation on the company's website or by dialing in. A recording of the call will be available until August 6, 2024. Eagle Materials is a leading U.S. manufacturer of heavy construction products and light building materials, with its primary products being Portland Cement and Gypsum Wallboard. The company operates through more than 70 facilities across 21 states.
The Board of Directors of Eagle Materials has declared a quarterly cash dividend of $0.25 per share.
This dividend is payable on July 15, 2024, to stockholders of record as of June 17, 2024.
Eagle Materials is a leading U.S. manufacturer specializing in heavy construction products and light building materials like Portland Cement and Gypsum Wallboard.
The company operates over 70 facilities across 21 states and is headquartered in Dallas, Texas.
For more information, visit their website or contact their executive team.
Eagle Materials (NYSE: EXP) announced record financial results for fiscal year 2024, ending March 31, 2024. The company achieved record revenue of $2.3 billion (+5%), net earnings of $477.6 million (+3%), and diluted EPS of $13.61 (+9%). Adjusted EBITDA rose 7% to $834.5 million. The fourth quarter saw a modest revenue increase (+1%) to $476.7 million, but net earnings and diluted EPS declined by 23% and 20%, respectively. The company repurchased 1.9 million shares for $343 million over the year. Fiscal 2024 revenue in the Heavy Materials sector grew 12% to $1.5 billion, with operating earnings up 18%. Light Materials sector revenue fell 4% to $941.4 million, with operating earnings down 3%. Notable initiatives include a $430 million investment in Wyoming and a new slag-cement facility in Texas to bolster growth.
Eagle Materials (NYSE: EXP) has announced a $430 million investment to modernize and expand its Laramie, Wyoming cement plant. This project will increase the plant's capacity by 50% to 1.2 million tons annually and is expected to reduce manufacturing costs by 25% and cut CO2 intensity by nearly 20%. The expansion also includes a new distribution facility in northern Colorado. Construction is set to begin immediately with completion expected in the second half of 2026. This move aims to strengthen Eagle Materials' position as a low-cost producer and meet growing demand in regions such as northern Colorado, Nebraska, Utah, and Wyoming.
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