Quarterly ResultJul 29, 2026, 06:51 AM
Eagle Materials Q1 Revenue $651M (+3%); Net Earnings $102.1M (-17%)
AI Summary
Eagle Materials Inc. reported its first quarter fiscal 2027 results with record revenue of $651.0 million, a 3% increase year-over-year. However, net earnings decreased by 17% to $102.1 million, and diluted EPS fell 13% to $3.29. The company experienced an 11% decline in Adjusted EBITDA to $190.5 million, despite a 13% increase in cash flow from operations to $154 million. Operational challenges included a $6 million earnings impact from an equipment failure at its Mountain Cement facility and higher delivery costs due to elevated diesel prices. The company continued its capital allocation strategy by repurchasing 406,500 shares for $84 million and investing in modernization projects.
Key Highlights
- Record Revenue of $651.0 million, up 3% year-over-year.
- Net Earnings of $102.1 million, down 17% year-over-year.
- Net Earnings per diluted share of $3.29, down 13% year-over-year.
- Cashflow from Operations of $154 million, up 13% year-over-year.
- Adjusted EBITDA of $190.5 million, down 11% year-over-year.
- Repurchased 406,500 shares for approximately $84 million.
- Heavy Materials revenue increased 8% to $454.1 million.
- Light Materials revenue decreased 5% to $238.2 million.
Price Impact
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