Eagle Materials (NYSE:EXP) posted its quarterly earnings results on Tuesday. The construction company reported $1.53 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.68 by ($0.15), MarketWatch Earnings reports. The company had revenue of $381.50 million for the quarter, compared to the consensus estimate of $401.04 million. Eagle Materials had a net margin of 19.54% and a return on equity of 19.03%. The business’s revenue was up 1.4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.31 EPS.
NYSE EXP traded up $1.40 on Thursday, hitting $75.24. The stock had a trading volume of 237,822 shares, compared to its average volume of 829,903. The company has a current ratio of 2.83, a quick ratio of 1.34 and a debt-to-equity ratio of 0.44. Eagle Materials has a 52-week low of $64.95 and a 52-week high of $122.49. The firm has a market capitalization of $3.47 billion, a P/E ratio of 17.83, a P/E/G ratio of 0.80 and a beta of 1.05.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 9th. Investors of record on Friday, October 5th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.53%. The ex-dividend date is Thursday, October 4th. Eagle Materials’s payout ratio is 9.48%.
About Eagle Materials
Eagle Materials Inc, through its subsidiaries, produces and supplies heavy construction materials, light building materials, and materials used for oil and natural gas extraction in the United States. It operates in five segments: Cement, Concrete and Aggregates, Gypsum Wallboard, Recycled Paperboard, and Oil and Gas Proppants.
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