Eagle Materials (EXP) is set to report lower fourth-quarter earnings on May 19. Analysts predict earnings of $1.54 per share and revenue of $451.98 million, indicating a decline from last year's performance, which may affect investor sentiment positively or negatively based on results.
Eagle Materials acquires Bullskin Stone & Lime for $152.5 million. Acquisition expands market reach in Pittsburgh and Western PA regions. This move strengthens EXP's growth strategy and operational footprint. EXP's stock has risen 21.1% in the past six months, outperforming industry. The company remains focused on operational improvements and inorganic growth.
JPMorgan acquired 652,614 shares of Eagle Materials (EXP) on September 30, 2024. Total holdings now at 1,734,911 shares, increasing their stake in EXP. Investment reflects strategic interest in the growing building materials sector. EXP's market cap is $9.8 billion with a PE ratio of 20.59. Stock price increased by 45.47% YTD, indicating strong investor confidence.
- Eagle Materials Inc. (EXP) misses Q4 fiscal 2024 earnings and revenue estimates. - Strong demand expected in fiscal 2025 from infrastructure and construction projects. - EXP shares dropped 5.7% following the earnings miss on May 21. - Price Impact Rating: Bearish - Impact Horizon Rating: Short-term - Type: Earnings
- Eagle Materials (EXP) expected to report $2.72 EPS, revenue of $478.6 million. - Consensus estimates have remained unchanged over the last 30 days. - Analysts project increases in revenue for Heavy Materials and decreases for Light Materials. - Specific metrics like Net Sales Price and Segment Operating Earnings also analyzed by analysts. - Analysts predict favorable figures for Heavy Materials while Light Materials may see declines. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Research Analysis