Eagle Materials reported a strong second quarter with record revenue of $510 million, up 14%, and net earnings per share of $2.46, up 6%. Adjusted EPS was $2.73, a 26% increase. Gross profit margins improved to 30.5%. The company refinanced its capital structure and returned nearly $200 million to shareholders through dividends and share repurchases.
Record revenue of $510 million, up 14%.
Record net earnings per share of $2.46, up 6%.
Adjusted net earnings per share of $2.73, up 26%.
Gross profit margins improved 310 basis points to 30.5%.
We are well-positioned for a strong second half of fiscal 2022 and remain committed to delivering sustainable growth and superior shareholder value.
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