Eagle Materials (NYSE:EXP) Announces Quarterly Earnings Results, Misses Estimates By $0.19 EPS

Eagle Materials (NYSE:EXP) issued its earnings results on Wednesday. The construction company reported $3.63 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.82 by ($0.19), FiscalAI reports. Eagle Materials had a net margin of 17.32% and a return on equity of 26.87%. The business had revenue of $652.75 million for the quarter, compared to the consensus estimate of $633.08 million. During the same period last year, the business posted $4.23 EPS. The firm’s revenue for the quarter was up 2.2% compared to the same quarter last year.

Here are the key takeaways from Eagle Materials’ conference call:

• Second-quarter revenue reached a record $653 million, up 2%, but EPS fell 14% to $3.63 as higher diesel-related freight and other operating costs weighed on margins.
• Cement demand remained supported by infrastructure and data-center projects, and Eagle announced price increases of roughly $10–$15 per ton in most cement markets effective January 2027. Residential construction and wallboard demand remain weak amid affordability and interest-rate pressures.
• Mountain Cement’s aging plant experienced another operational disruption, and commissioning its replacement may temporarily increase freight costs; management said it expects to maintain customer service during the transition. The modernization remains on schedule, with savings expected to build from the latter part of fiscal 2028.
• Operating cash flow rose 7% to $364 million in the first half, and Eagle returned $162 million to shareholders through dividends and share repurchases. Capital spending is expected to peak in fiscal 2027, with a significant step-down anticipated in fiscal 2028 as the Laramie project is completed.

Eagle Materials Stock Performance

Eagle Materials stock traded up $7.95 during trading hours on Wednesday, hitting $200.71. 366,959 shares of the stock traded hands, compared to its average volume of 454,391. Eagle Materials has a 1 year low of $160.02 and a 1 year high of $245.53. The stock has a market capitalization of $6.16 billion, a price-to-earnings ratio of 15.87 and a beta of 1.29. The company has a debt-to-equity ratio of 1.17, a current ratio of 3.23 and a quick ratio of 1.91. The firm’s 50 day moving average price is $179.76 and its 200-day moving average price is $202.36.

Eagle Materials Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, January 11th. Investors of record on Monday, December 14th will be paid a $0.25 dividend. The ex-dividend date is Monday, December 14th. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. Eagle Materials’s dividend payout ratio (DPR) is 7.91%.

Insiders Place Their Bets

In other Eagle Materials news, SVP Tony Thompson sold 3,074 shares of the firm’s stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $203.96, for a total transaction of $626,973.04. Following the completion of the transaction, the senior vice president directly owned 10,142 shares of the company’s stock, valued at approximately $2,068,562.32. This trade represents a 23.26% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 1.70% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. JPMorgan Chase & Co. decreased their price objective on Eagle Materials from $225.00 to $200.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Eagle Materials in a report on Friday, September 11th. Citigroup decreased their target price on Eagle Materials from $232.00 to $190.00 and set a “neutral” rating for the company in a research report on Friday, October 2nd. Zacks Research lowered shares of Eagle Materials from a “hold” rating to a “strong sell” rating in a report on Friday, October 16th. Finally, DA Davidson lowered their target price on Eagle Materials from $220.00 to $207.00 and set a “neutral” rating for the company in a report on Monday, September 14th. Ten analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average target price of $195.22.

Trending Headlines about Eagle Materials

Here are the key news stories impacting Eagle Materials this week:

• Positive Sentiment: Revenue of $652.75 million topped the $633.08 million analyst estimate and rose 2.2% year over year, indicating modest sales growth. Eagle Materials quarterly results
• Neutral Sentiment: The company kept its quarterly dividend at $0.25 per share, equivalent to $1.00 annually and a yield of about 0.5%. Eagle Materials maintains dividend
• Negative Sentiment: EPS was $3.63, below analyst expectations of roughly $3.71–$3.82 and down from $4.23 a year earlier. Reports pointed to surging costs, which outweighed the revenue beat and may pressure profitability. Eagle Materials Q2 results and costs

About Eagle Materials

Eagle Materials Inc (NYSE: EXP) is a U.S.-based manufacturer of building materials used in residential, commercial, infrastructure and industrial construction. The company’s principal products include cement, gypsum wallboard, concrete and aggregates.

Its cement business produces and distributes Portland cement and related cement products, while its gypsum wallboard business supplies panels used in interior construction. Eagle Materials also provides ready-mixed concrete and construction aggregates, including crushed stone, sand and gravel, for building and infrastructure projects.

The company traces its history to Centex Construction Products, which was spun off from Centex Corporation in 1994 and later adopted the Eagle Materials name.