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Eagle Materials reports Q1 EPS $3.76, consensus $3.68

Reports Q1 revenue $634.7M, consensus $608.8M. Commenting on the first quarter results, Michael Haack, President and CEO, said, “Eagle had a solid start to fiscal 2026, with record revenue of $634.7 million, EPS of $3.76, and gross margins of 29.2%. Against the current backdrop of ongoing macroeconomic and policy uncertainty as well as adverse weather conditions across many of our markets, our portfolio of businesses continued to perform well, and our end markets remained resilient. We repurchased approximately 358,000 shares of our common stock for $78.6 million and ended the quarter with debt of $1.3 billion and a net leverage ratio of 1.6x, giving us substantial financial flexibility that supports disciplined capital allocation and long-term growth.”

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