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DALLAS - Eagle Materials Inc . (NYSE:EXP) reported fourth quarter fiscal 2025 results that fell short of analyst expectations on Tuesday.
The company’s shares were down 1.12% in pre-market trading following the release.
The construction materials company posted adjusted earnings per share of $2.08, missing the consensus estimate of $2.58. Revenue came in at $470.2 million, below analyst projections of $487.58 million and down 1% YoY.
Eagle Materials cited adverse weather conditions, particularly in February, as a key factor impacting results. Cement sales volume declined 6% to 1.2 million tons in Q4 due to weather-related disruptions.
"Our fourth quarter financial results reflect the impact of adverse weather on our Cement and Concrete and Aggregates businesses in the first two months of calendar 2025, with February being the most affected compared with the prior year," said Michael Haack, President and CEO.
The company also noted higher production costs in the quarter as it pulled forward annual maintenance at its Texas Lehigh cement facility and experienced weather-related production interruptions at other plants.
For the full fiscal year 2025, Eagle Materials reported record revenue of $2.3 billion, up slightly from the prior year. Adjusted EPS for the year rose 2% to $13.94.
Despite recent market volatility, management expressed optimism about the business outlook, citing the company’s financial strength and flexibility to drive shareholder returns through various economic conditions.
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