Eagle Materials Q3 EPS $3.72 Beats $3.55 Estimate, Sales $558.83M Beat $536.57M Estimate
Portfolio Pulse from Benzinga Newsdesk
Eagle Materials Inc. (EXP) reported Q3 earnings of $3.72 per share, surpassing the consensus estimate of $3.55, and marking a 16.25% increase from the previous year. Sales reached $558.83M, exceeding estimates of $536.57M and showing a 9.26% increase year-over-year.
January 25, 2024 | 11:33 am
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Eagle Materials Inc. reported strong Q3 results with both earnings and sales surpassing analyst estimates, indicating robust financial performance.
Eagle Materials Inc.'s earnings and sales beat not only demonstrates the company's strong performance but also suggests potential investor confidence, which could lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100