Eagle Materials Q4 2024 GAAP EPS $2.24 Misses $2.66 Estimate, Sales $476.707M Miss $484.694M Estimate
Portfolio Pulse from Benzinga Newsdesk
Eagle Materials (NYSE:EXP) reported Q4 2024 GAAP EPS of $2.24, missing the analyst estimate of $2.66 by 15.79%. Sales were $476.707M, also missing the estimate of $484.694M by 1.65%. Despite the misses, sales increased by 1.40% compared to the same period last year.
May 21, 2024 | 10:31 am
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Eagle Materials reported Q4 2024 earnings and sales that missed analyst estimates. EPS was $2.24, missing the $2.66 estimate by 15.79%, and sales were $476.707M, missing the $484.694M estimate by 1.65%. However, sales increased by 1.40% YoY.
The significant miss on both EPS and sales estimates is likely to negatively impact the stock price in the short term. However, the YoY sales increase may provide some support.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100