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Eagle Materials Inc (EXP)
NYSE:EXP
Earnings Data
Report Date
May 14, 2026Before Open (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
1.6Last Year’s EPS
2.08Same Quarter Last Year
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlights strong performance and momentum in the Heavy Materials business (double-digit segment revenue growth, record aggregates volumes), solid cash generation, improved capital structure (including $750M bond issuance), active shareholder distributions, and measurable progress on high-return modernization projects and recycling initiatives. These positives are tempered by notable weakness in the Light Materials/Wallboard segment — with revenue down 16%, operating earnings down 25%, shipments down ~14%, and price pressure — which drove a 10% decline in EPS. Regional competitive pressures (notably Texas and import-exposed coastal markets), higher near-term capital spending for modernization projects, and short-term commodity/weather exposures add caution. Overall, the company appears financially strong and operationally resilient, with growth levers underway that offset the cyclical weakness in wallboard.Company Guidance
Solid Revenue and Profitability
Reported Q3 revenue of $556 million and gross profit margin of 28.9%; generated EPS of $3.22 while navigating a mixed construction environment.
Heavy Materials Growth
Heavy Materials revenue increased 11%; cement sales volume rose 9%; concrete & aggregates revenue up 22%; aggregate sales volume a record 1.6 million tons (up 81% overall, 34% organic plus contribution from a recent acquisition). Operating earnings in Heavy Materials rose 9%.
Strong Cash Flow and Liquidity
Operating cash flow for first 9 months rose 5% to $512 million; ended quarter with $419 million cash and approximately $1.2 billion in total committed liquidity; net debt-to-EBITDA leverage ratio of 1.8x and net debt-to-capital at 48%.
Capital Structure Strengthened
Issued $750 million of 10-year senior notes at 5%, improving debt maturity profile and increasing committed liquidity; used proceeds in part to repay bank credit facility.
Active Capital Allocation to Shareholders and Growth
Returned nearly $150 million to shareholders in the quarter via dividends and repurchases (approximately 648,000 shares this quarter; ~1.4 million shares repurchased YTD, ~4% of outstanding); ~3.3 million shares remain under authorization. Continuing disciplined mix of organic investment (major projects) and selective M&A.
Progress on Strategic Projects and Operational Initiatives
Advancing modernization of Mountain (Laramie) Cement plant and Duke, OK Wallboard plant (Laramie commissioning late calendar year; Duke commissioning in H2 2027). Multiple low-capex initiatives converting waste streams into feedstock or higher-value products (cement waste reclamation, aggregates fines/overburden reuse, Republic paper mill repurposing, American Gypsum recycling ~100% of waste wallboard).
Industry-Leading Safety and Operational Readiness
Maintained strong safety culture and industry-leading safety record; teams prepared for winter weather and natural gas exposure is hedged (>50% through the winter) to mitigate short-term fuel cost spikes.
EXP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
EXP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 29, 2026 | $217.92 | $211.97 | -2.73% |
Oct 30, 2025 | $232.88 | $214.40 | -7.93% |
Jul 29, 2025 | $220.44 | $227.09 | +3.01% |
May 20, 2025 | $241.12 | $219.93 | -8.79% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Eagle Materials Inc (EXP) report earnings?
Eagle Materials Inc (EXP) is schdueled to report earning on May 14, 2026, Before Open (Confirmed).
What is Eagle Materials Inc (EXP) earnings time?
Eagle Materials Inc (EXP) earnings time is at May 14, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is EXP EPS forecast?
EXP EPS forecast for the fiscal quarter 2026 (Q4) is 1.6.