🏛️ StreetAccount Update: Democrats retake both chambers of Congress in midterm surge; AI/DC exposed names under pressure: Election returns through Wednesday morning show Democrats expected to retake majorities in both houses of Congress, though several races are close and it may take days to complete the counting. Analysts noted that Democratic victories in key AI states have introduced uncertainty for companies with heavy data center exposure, particularly for select E&Cs, Electricals, and Machinery names. Companies that have benefited from tariffs may also face headwinds, as analysts anticipate Democrats would look to roll back certain trade tariffs. Heavy materials are expected to benefit, given their significant exposure to public funding, with analysts seeing improved odds for increased infrastructure spending and a 2027 highway bill. ‣ Gainers include Housing, Airlines, EVs: • LEN +4% • AAL +5%, • ALGT +5% • RIVN +2% ‣ Decliners include AI/Datacenters, Defense: • FIX (14%), MOD (9%), VRT (7%), PWR (7%), GNRC (3%), CAT (3%) • LMT (4%), NOC (3%) • SPCX (7%), TSLA (5%) $AAL $ALGT $CAT $FIX $GNRC $LEN $LMT $MOD $NOC $PWR $RIVN $SPCX $TSLA $VRT #Midterms# #Elections# #MidtermElections# #Congress# #Democrats# #Politics# #FinTwit# #Markets# #Equities# #AI# #DataCenters# #Tariffs# #HeavyMaterials# #Infrastructure# #EV# #Defense# #Housing# #Airlines# #MarketMovers# #PolicyRisk# Gain immediate access to unparalleled insights with #StreetAccount#:

EAGLE MATERIALS $EXP Q2’27 EARNINGS HIGHLIGHTS 🔹 Revenue: $652.7M (Est. $636M) 🟢; +2% YoY 🔹 EPS: $3.63 (Est. $3.91) 🔴; -14% YoY 🔹 Adjusted EBITDA: $202.7M (Est. $212M) 🔴 Segment Net Revenue: 🔹 Heavy Materials: $477.8M; +2% YoY 🔹 Cement: $349.1M; +1% YoY 🔹 Concrete & Aggregates: $87.2M; +7% YoY 🔹 Light Materials: $216.4M; +2% YoY 🔹 Gypsum Wallboard: $185.7M; +1% YoY 🔹 Recycled Paperboard: $30.7M; +6% YoY Other Q2 Metrics: 🔹 Cement Volume: 2.2M tons; flat YoY 🔹 Wallboard Volume: 696M sq. ft.; +7% YoY 🔹 Aggregates Volume: 1.9M tons; -6% YoY 🔹 Recycled Paperboard Volume: 86K tons; +5% YoY Capital Return: 🔹 Share Repurchases: 304,881 shares for ~$62M Comments: 🔸 Michael Haack, President and Chief Executive Officer: “elevated interest rates placed additional pressure on an already challenging residential construction market.” 🔸 Michael Haack, President and Chief Executive Officer: “We also repurchased 711,381 shares of our common stock for approximately $146.0 million. We ended the quarter with debt of $1.8 billion, net debt of $1.5 billion, and a net leverage ratio (net debt to Adjusted EBITDA) of 2.1x”