Eagle Materials (EXP) Tops Q1 EPS by 2c

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Eagle Materials Reports First Quarter Results

July 28, 2022 6:30 AM EDT

DALLAS--(BUSINESS WIRE)-- Eagle Materials Inc. (NYSE: EXP) today reported financial results for the first quarter of fiscal 2023 ended June 30, 2022. Notable items for the quarter are highlighted below. (Unless otherwise noted, all comparisons are with the prior years fiscal first quarter):

First Quarter Fiscal 2023 Highlights

Record Revenue of $561.4 million, up 18% Record Net Earnings of $105.0 million, up 10% Record Net Earnings per diluted share of $2.75, up 22% Adjusted net earnings per share (Adjusted EPS) of $2.82, up 25% Adjusted EPS is a non-GAAP financial measure calculated... More