Eagle Materials Q1 Net Income Rises; Revenue Up 7%

(RTTNews) - Eagle Materials Inc. (EXP) reported first-quarter net profit of $120.8 million or $3.40 per share compared to $105.0 million or $2.75 per share, prior year. Adjusted profit per share was $3.55 compared to $2.82, prior year. On average, 11 analysts polled by Thomson Reuters expected the company to report profit per share of $3.57, for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $601.52 million from $561.39 million, a year ago. Analysts on average had estimated $601.42 million in revenue. For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.