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Jun 30, 2024
Eagle Materials Q1 2025 Earnings Report
Eagle Materials reported record results driven by revenue growth and improved margins.
Key Takeaways
Eagle Materials reported record first quarter results with a 16% increase in EPS. Revenue reached a record $608.7 million, up 1%, and net earnings were $133.8 million, up 11%. The company repurchased approximately 348,000 shares of its common stock for $85.5 million.
Record revenue of $608.7 million, up 1%.
Record net earnings of $133.8 million, up 11%.
Record net earnings per diluted share of $3.94, up 16%.
Gross margins of 30.7%, an increase of 140 bps.
Revenue by Segment
Forward Guidance
Underlying fundamentals in our markets continue to be favorable, and we expect demand for our products to remain steady for the balance of the year.
Positive Outlook
- Construction spending on infrastructure and heavy industrial projects continues to drive cement demand.
- Residential construction activity remains resilient, given chronic housing-supply shortages and continued underlying demand strength.
- Well-positioned balance sheet.
- Significant cashflow generation.
- Consistent, disciplined operational and strategic execution through shifting economic cycles positions Eagle for another strong fiscal year.
Challenges Ahead
- Adverse weather conditions affected sales volumes for Cement and Concrete and Aggregates businesses.
- Some interest-rate sensitivity in residential construction activity.
- Cyclical and seasonal nature of the Company’s businesses.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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