Eagle Materials (EXP) Misses Q2 EPS by 8c
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Eagle Materials Reports Second Quarter Results
October 26, 2015 4:15 PM EDTDALLAS--(BUSINESS WIRE)-- Eagle Materials Inc. (NYSE: EXP) today reported financial results for the second quarter of fiscal 2016 ended September 30, 2015. Notable items for the quarter include (all comparisons, unless otherwise noted, are with the prior fiscal years second quarter):
Total Company Highlights
Record quarterly revenues of $329.0 million, up 16% Net earnings of $29.8 million, down 41% Net earnings were reduced by $26.2 million (after-tax) of Non-Routine Items related to our Oil and Gas Proppants Segment. See attachment 5. Adjusted EBITDA(1) of $109.7 million, up 14%... More