EXP Stock Recent News

Jefferies downgraded Eagle Materials to Hold from Buy with a price target of $310, down from $330. The firm says that in a low growth environment and likely softer first half of 2025 in residential, it is "picking our spots" and downgrading some building products names as part of a 2025 outlook. Jefferies' contacts are calling for flat to low single-digit volume growth in new residential and remove and replace, but there isn't a strong consensus if one end market will outperform, the analyst tells investors in a research note. The firm says its contacts believe mortgages rates need to be in the 5.5% to less than 6% range for demand to accelerate, but that Trump's policies are likely to be inflationary, so it expect rates to stay "higher for longer".

EXP set to benefit from the expansion of its product portfolio and market reach after completing the buyout of Bullskin Stone & Lime.

DALLAS--(BUSINESS WIRE)--Eagle Materials Inc. (NYSE: EXP) today announced it has entered into a definitive agreement to acquire Bullskin Stone & Lime, LLC, a pure-play aggregates business located in Western Pennsylvania. The business serves the Pittsburgh and broader Western Pennsylvania markets. The purchase price is $152.5 million, subject to customary post-closing adjustments. The transaction is expected to close in the next 60 days, subject to the satisfaction of customary closing condi.

DALLAS--(BUSINESS WIRE)--The Board of Directors of Eagle Materials Inc. (NYSE: EXP) has declared a quarterly cash dividend of $0.25 per share, payable on January 13, 2025, to stockholders of record of its Common Stock at the close of business on December 16, 2024. About Eagle Materials Inc. Eagle Materials Inc. is a leading U.S. manufacturer of heavy construction products and light building materials. Eagle's primary products, Portland Cement and Gypsum Wallboard, are essential for building, ex.

Eagle Materials Inc. (NYSE:EXP ) Q2 2025 Earnings Conference Call October 29, 2024 8:30 AM ET Company Participants Michael Haack - President and CEO Craig Kesler - CFO Conference Call Participants Trey Grooms - Stephens Brent Thielman - D.A. Davidson Asher Sohnen - Citigroup Jerry Revich - Goldman Sachs Adam Thalhimer - Thompson Davis Jesse Barone - Jefferies Tyler Brown - Raymond James Operator Good day, everyone, and welcome to Eagle Materials Second Quarter of Fiscal 2025 Earnings Conference Call.

While the top- and bottom-line numbers for Eagle Materials (EXP) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Eagle Materials (EXP) came out with quarterly earnings of $4.31 per share, missing the Zacks Consensus Estimate of $4.75 per share. This compares to earnings of $4.28 per share a year ago.

DALLAS--(BUSINESS WIRE)--Eagle Materials Inc. (NYSE: EXP) today reported financial results for the second quarter of fiscal 2025 ended September 30, 2024. Notable items for the quarter are highlighted below (unless otherwise noted, all comparisons are with the prior year's fiscal second quarter): Second Quarter Fiscal 2025 Highlights Record Revenue of $623.6 million Net Earnings of $143.5 million Net Earnings per diluted share of $4.26 Adjusted net earnings per share (Adjusted EPS) of $4.31 Adj.

Get a deeper insight into the potential performance of Eagle Materials (EXP) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Eagle Materials (EXP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.