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”
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