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 (EXP) delivers essential building materials for America's construction sector through cement, gypsum wallboard, and concrete products. This news hub provides investors and industry professionals with centralized access to official updates and market analysis.
Track EXP's latest financial developments including quarterly earnings, strategic acquisitions, and production innovations. Our curated news collection covers material supply chain updates, sustainability initiatives, and infrastructure project partnerships relevant to the construction materials sector.
Key updates include regulatory filings, leadership changes, and operational expansions. Users receive timely alerts about EXP's Heavy Materials cement production and Light Materials wallboard distribution networks. Bookmark this page for verified information supporting informed analysis of EXP's market position.
The Board of Directors of Eagle Materials (NYSE: EXP) has declared a quarterly cash dividend of $0.25 per share, scheduled for payment on April 14, 2023. Stockholders of record will be identified by the close of business on March 17, 2023. Eagle Materials operates over 70 facilities across the U.S., specializing in the production of Portland Cement, Gypsum Wallboard, Recycled Paperboard, and Concrete and Aggregates.
Eagle Materials reported record revenue of $511 million for the third quarter of fiscal 2023, a 10% increase year-over-year. Net earnings rose 14% to $117 million, with earnings per share reaching $3.20, up 26%. Adjusted EBITDA was $199 million, marking a 14% increase. The Gypsum Wallboard segment performed strongly, with revenue up 23% to $235 million. However, the Heavy Materials sector faced declining operating earnings due to lower cement sales volume, down 13%, despite a 13% increase in net sales price. The company returned approximately $113 million to shareholders through stock repurchases during the quarter.
Eagle Materials Inc. (NYSE: EXP) will announce its FY 2023 Q3 financial results on January 26, 2023, before market opening, followed by an investor conference call at 8:30 AM ET. The call is accessible via webcast, with slides available beforehand. A replay option is set until February 2, 2023, through specific dial-in numbers. Eagle Materials manufactures Portland Cement, Gypsum Wallboard, and other construction materials across over 70 U.S. facilities, headquartered in Dallas, Texas.
Eagle Materials Inc. (NYSE: EXP) has announced a quarterly cash dividend of $0.25 per share, scheduled for payment on January 12, 2023. Stockholders of record as of December 16, 2022 will receive this dividend. The company, based in Dallas, Texas, specializes in manufacturing and distributing key construction materials, including Portland Cement and Gypsum Wallboard from over 70 facilities across the U.S.
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