Eagle Materials

Eagle Materials Declares Quarterly Dividend

Retrieved on: 
Monday, February 5, 2024

The Board of Directors of Eagle Materials Inc. (NYSE: EXP) has declared a quarterly cash dividend of $0.25 per share, payable on April 12, 2024, to stockholders of record of its Common Stock at the close of business on March 15, 2024.

Key Points: 

The Board of Directors of Eagle Materials Inc. (NYSE: EXP) has declared a quarterly cash dividend of $0.25 per share, payable on April 12, 2024, to stockholders of record of its Common Stock at the close of business on March 15, 2024.

Eagle Materials Reports Record Third Quarter Results with 16% EPS Growth

Retrieved on: 
Thursday, January 25, 2024

In the third quarter, we achieved record revenue of $559 million, produced record EPS of $3.72 and expanded gross margins by 130 bps to 32.3%.

Key Points: 
  • In the third quarter, we achieved record revenue of $559 million, produced record EPS of $3.72 and expanded gross margins by 130 bps to 32.3%.
  • Heavy Materials operating earnings increased 43% to $107.3 million, primarily because of higher Cement net sales prices and sales volume.
  • Cement revenue for the quarter, including Joint Venture and intersegment revenue, was up 20% to $308.7 million, and operating earnings were a record $105.6 million, up 46%.
  • Paperboard sales volume for the quarter was up 9% to a record 84,000 tons.

Eagle Materials Schedules Third Quarter Fiscal 2024 Earnings Release and Conference Call With Senior Management

Retrieved on: 
Wednesday, January 10, 2024

Eagle Materials Inc. (NYSE: EXP) will release financial results for the third quarter of fiscal year 2024 ended December 31, 2023, on Thursday, January 25, 2024, before the open of the NYSE and will host an investor conference call the same day, Thursday, January 25, 2024, at 8:30 am Eastern Time (7:30 am Central Time).

Key Points: 
  • Eagle Materials Inc. (NYSE: EXP) will release financial results for the third quarter of fiscal year 2024 ended December 31, 2023, on Thursday, January 25, 2024, before the open of the NYSE and will host an investor conference call the same day, Thursday, January 25, 2024, at 8:30 am Eastern Time (7:30 am Central Time).
  • The call can be accessed as follows:
    The slides will be available for download in advance of the call.

Terra CO2 and Eagle Materials Announce Exclusive Agreements to Produce Low-Carbon Cementitious Material in High-Demand Markets, Including the Greater Denver Market

Retrieved on: 
Tuesday, December 5, 2023

Terra CO2, the developer of a scalable low-carbon supplementary cementitious material, and Eagle Materials Inc. (NYSE: EXP), announced today that they have entered into exclusive agreements for the potential deployment of multiple eco-friendly, low-carbon cementitious commercial-scale plants that would service three different geographic areas, including the Greater Denver market.

Key Points: 
  • Terra CO2, the developer of a scalable low-carbon supplementary cementitious material, and Eagle Materials Inc. (NYSE: EXP), announced today that they have entered into exclusive agreements for the potential deployment of multiple eco-friendly, low-carbon cementitious commercial-scale plants that would service three different geographic areas, including the Greater Denver market.
  • The agreements grant Eagle Materials the exclusive right to build and operate plants that produce supplementary cementitious material (SCM) in each geographic area.
  • When developed and fully scaled, each plant would have the potential to produce approximately 240,000 tons per year of SCM.
  • These agreements represent an important step towards helping states and the construction industry further their environmental goals and initiatives.

Eagle Materials Announces Agreement with Terra CO2 Granting Eagle Exclusive Rights to Produce Low-carbon Cementitious Material Using Terra Technology

Retrieved on: 
Tuesday, December 5, 2023

The agreements grant Eagle Materials the exclusive right to build and operate plants that produce supplementary cementitious material (SCM) in each geographic area.

Key Points: 
  • The agreements grant Eagle Materials the exclusive right to build and operate plants that produce supplementary cementitious material (SCM) in each geographic area.
  • When developed and fully scaled, each plant would have the potential to produce approximately 240,000 tons per year of SCM.
  • These agreements represent an important step towards helping states and the construction industry further their environmental goals and initiatives.
  • "In entering into these agreements with Terra, we're taking bold steps today to seek solutions that reduce the carbon intensity of cementitious materials using new technologies.

Plasterboard Market in APAC to increase by USD 3.63 billion during 2023-2028; Rapid urbanization coupled with rise in construction activities to drive the growth - Technavio

Retrieved on: 
Monday, November 20, 2023

The rapid urbanization coupled with a rise in construction activities drives the market growth.

Key Points: 
  • The rapid urbanization coupled with a rise in construction activities drives the market growth.
  • Thus, the rise in construction projects is expected to increase the demand for several products, which enhance the aesthetic appeal of the establishments, including plasterboard.
  • The growth in the number of commercial and residential buildings, coupled with rapid urbanization drive growth of the market in APAC.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.

Eagle Materials Declares Quarterly Dividend

Retrieved on: 
Monday, November 6, 2023

The Board of Directors of Eagle Materials Inc. (NYSE: EXP) has declared a quarterly cash dividend of $0.25 per share, payable on January 12, 2024, to stockholders of record of its Common Stock at the close of business on December 15, 2023.

Key Points: 

The Board of Directors of Eagle Materials Inc. (NYSE: EXP) has declared a quarterly cash dividend of $0.25 per share, payable on January 12, 2024, to stockholders of record of its Common Stock at the close of business on December 15, 2023.

Eagle Materials Reports Record Second Quarter Results With 15% EPS Growth

Retrieved on: 
Thursday, October 26, 2023

We generated record revenue of $622 million and record EPS of $4.26, and we expanded gross margins by 150 bps to 33.6%.

Key Points: 
  • We generated record revenue of $622 million and record EPS of $4.26, and we expanded gross margins by 150 bps to 33.6%.
  • Cement revenue for the quarter, including Joint Venture and intersegment revenue, was up 13% to $360.8 million, and operating earnings were a record $121.4 million, up 23%.
  • Second quarter operating earnings declined 36% to $4.6 million, primarily reflecting lower Concrete sales volume and higher cost of materials.
  • In addition, for segment reporting purposes, we report intersegment revenue as a part of a segment’s total revenue.

Eagle Materials Schedules Second Quarter Fiscal 2024 Earnings Release and Conference Call With Senior Management

Retrieved on: 
Wednesday, October 11, 2023

Eagle Materials Inc. (NYSE: EXP) will release financial results for the second quarter of fiscal year 2024 ended September 30, 2023, on Thursday, October 26, 2023, before the open of the NYSE and will host an investor conference call the same day, Thursday, October 26, 2023, at 8:30 am Eastern Time (7:30 am Central Time).

Key Points: 
  • Eagle Materials Inc. (NYSE: EXP) will release financial results for the second quarter of fiscal year 2024 ended September 30, 2023, on Thursday, October 26, 2023, before the open of the NYSE and will host an investor conference call the same day, Thursday, October 26, 2023, at 8:30 am Eastern Time (7:30 am Central Time).
  • The call can be accessed as follows:
    The slides will be available for download in advance of the call.

Eagle Materials Declares Quarterly Dividend

Retrieved on: 
Tuesday, August 8, 2023

The Board of Directors of Eagle Materials Inc. (NYSE: EXP) has declared a quarterly cash dividend of $0.25 per share, payable on October 16, 2023, to stockholders of record of its Common Stock at the close of business on September 15, 2023.

Key Points: 

The Board of Directors of Eagle Materials Inc. (NYSE: EXP) has declared a quarterly cash dividend of $0.25 per share, payable on October 16, 2023, to stockholders of record of its Common Stock at the close of business on September 15, 2023.