Compared to Estimates, Eagle Materials (EXP) Q2 Earnings: A Look at Key Metrics

For the quarter ended September 2024, Eagle Materials (EXP) reported revenue of $623.62 million, up 0.2% over the same period last year. EPS came in at $4.31, compared to $4.28 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $658.03 million, representing a surprise of -5.23%. The company delivered an EPS surprise of -9.26%, with the consensus EPS estimate being $4.75.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how Eagle Materials performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Average Net Sales Price - Gypsum Wallboard: $236.88 versus $240.10 estimated by two analysts on average. Average Net Sales Price - Cement: $156.51 compared to the $157.71 average estimate based on two analysts. Revenue- Heavy Materials- Concrete & Aggregates: $65.93 million versus $73.52 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -0.3% change. Revenue- Light Materials- Gypsum Paperboard: $29.14 million versus $28.90 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +19.9% change. Total Revenue- Heavy Materials: $379.50 million versus the two-analyst average estimate of $416.75 million. The reported number represents a year-over-year change of -2.4%. Revenue- Heavy Materials- Cement (Wholly Owned): $313.57 million versus the two-analyst average estimate of $341.85 million. The reported number represents a year-over-year change of -2.8%. Revenue- Light Materials- Gypsum Wallboard: $214.98 million versus $216.45 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +2.7% change. Total Revenue- Light Materials: $244.12 million compared to the $245.35 million average estimate based on two analysts. The reported number represents a change of +4.5% year over year. Segment Operating Earnings- Light Materials- Gypsum Wallboard: $90.14 million versus the three-analyst average estimate of $89.58 million. Segment Operating Earnings- Light Materials- Recycled Paperboard: $8.04 million versus $8.37 million estimated by three analysts on average. Segment Operating Earnings- Light Materials: $98.18 million versus $97.94 million estimated by three analysts on average. Segment Operating Earnings- Heavy Materials- Cement: $115.93 million versus $127.62 million estimated by two analysts on average. View all Key Company Metrics for Eagle Materials here>>>Shares of Eagle Materials have returned +0.5% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.Research Chief Names "Single Best Pick to Double"From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Eagle Materials Inc (EXP): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks