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 Inc. (NYSE: EXP) reported a significant financial performance for Q3 of fiscal 2022, with revenue of $463 million, a 14% increase year-over-year. The company achieved record diluted EPS from continuing operations at $2.53, up 30%. Notably, Eagle repurchased 1.2 million shares for $188 million, reflecting strong free cash flow. The Heavy Materials sector saw a 9% revenue growth to $303.5 million, while the Light Materials sector surged 21% to $192.1 million. Despite some volume declines, demand trends remain positive, supported by ongoing U.S. construction activity.
Eagle Materials Inc. (NYSE: EXP) will announce its third-quarter fiscal 2022 financial results on January 27, 2022, before the NYSE opens. An investor conference call will follow at 8:30 am ET. Interested participants can join by calling (866) 370-6756 for US and Canada, or (409) 350-3156 for international callers, with the conference ID 7262248. The earnings report will cover key financial metrics related to the company's manufacturing and distribution of Portland Cement, Gypsum Wallboard, and other construction materials across over 70 US facilities.
The Board of Directors of Eagle Materials (NYSE: EXP) has announced a quarterly cash dividend of $0.25 per share, payable on January 14, 2022. Stockholders of record as of December 17, 2021 will receive this dividend. Eagle Materials manufactures and distributes cement, gypsum wallboard, recycled paperboard, and aggregates from over 70 facilities across the United States, headquartered in Dallas, Texas.
Eagle Materials Inc. (NYSE: EXP) has appointed Mauro Gregorio, the President of Performance Materials and Coatings at Dow, to its Board of Directors. Mr. Gregorio brings 35 years of experience and a strong track record in leadership, including overseeing a $9 Billion business with innovative solutions in infrastructure and transportation. The Board Chair, Mike Nicolais, expressed confidence in Mr. Gregorio's insights to enhance the company's growth trajectory.
Eagle Materials reported a record revenue of $510 million for Q2 fiscal 2022, up 14% year-over-year, with net earnings per share at $2.46 (+6%) and adjusted EPS of $2.73 (+26%). The gross profit margin increased by 310 basis points to 30.5%. The company issued $750 million of senior notes at 2.50% interest, redeeming $350 million of higher-interest notes. Segment revenue growth included 5% in Heavy Materials and 28% in Light Materials, bolstered by improved sales prices. Shareholder returns approached $200 million.
Eagle Materials Inc. (NYSE: EXP) will announce its financial results for Q2 fiscal 2022, concluding on September 30, 2021, on October 28, 2021, before NYSE market opening. An investor conference call is scheduled for the same day at 8:30 AM ET. Participants can join by dialing (866) 370-6756 or (409) 350-3156 internationally, using conference ID 6359205. Eagle Materials, headquartered in Dallas, Texas, specializes in manufacturing and distributing Portland Cement, Gypsum Wallboard, Recycled Paperboard, and Concrete and Aggregates from over 70 facilities across the U.S.
Eagle Materials Inc. (NYSE: EXP) has announced a quarterly cash dividend of $0.25 per share, scheduled for payment on October 15, 2021. This dividend will be issued to stockholders of record as of the close of business on September 17, 2021. Eagle Materials operates more than 70 facilities across the US, specializing in the manufacturing and distribution of Portland Cement, Gypsum Wallboard, and Concrete products.
Eagle Materials reported a record revenue of $476 million for the first quarter of fiscal 2022, marking an 11% increase compared to the prior year. However, net earnings per diluted share declined by 3% to $2.25, primarily due to a previous $52 million gain on asset sales. The company repurchased approximately 426,000 shares during the quarter. The Heavy Materials segment saw a 3% revenue increase to $315 million, while Light Materials revenue rose 25% to $191 million, benefiting from strong demand and pricing.
Eagle Materials Inc. (NYSE: EXP) will report its financial results for Q1 FY2022, ending June 30, 2021, on July 28, 2021, before NYSE opening. An investor conference call will follow at 8:30 AM ET. Participants can join by dialing (866) 370-6756 for US & Canada or (409) 350-3156 for international callers, using conference ID 6818288. The call will also be accessible on Eagle Materials' website, where an archived webcast will be available. Eagle Materials operates over 70 facilities across the US, focusing on manufacturing and distributing construction materials.
Eagle Materials reported record financial results for fiscal year 2021, with revenues reaching $1.6 billion, up 16%. Net earnings soared 379% to $339 million, while diluted EPS from continuing operations increased 46% to $7.99. The company benefited from a $52 million gain on asset sales. Fourth quarter revenues were $343 million, a 12% rise, though net earnings fell 9% to $66 million. The Board decided against separating the company, citing strength in its combined assets. A quarterly dividend of $0.25 per share was reinstated, marking a 150% increase.
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