Texas Industries Inc. (TXI) reported that its third-quarter net loss was $5.8 million or $0.21 per share, narrower than $24.3 million or $0.87 per share in the same quarter last year.
Analysts polled by Thomson Reuters expected the company to report a loss of $0.41 per share for the quarter. Analysts' estimates typically exclude special items.
Net sales for the quarter rose to $141.36 million from $121.89 million in the prior year quarter, while five analysts had consensus revenue estimate of $140.98 million for the quarter.
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