Eagle Materials Inc. (EXP) revealed a profit for its first quarter that increased from the same period last year and beat the Street estimates.
The company's earnings totaled $133.842 million, or $3.94 per share. This compares with $120.849 million, or $3.40 per share, in last year's first quarter.
Analysts on average had expected the company to earn $3.56 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 1.2% to $608.689 million from $601.521 million last year.
Eagle Materials Inc. earnings at a glance (GAAP) :
-Earnings (Q1): $133.842 Mln. vs. $120.849 Mln. last year.-EPS (Q1): $3.94 vs. $3.40 last year.-Revenue (Q1): $608.689 Mln vs. $601.521 Mln last year.
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