Eagle Materials Inc. (EXP) announced a profit for third quarter that decreased from the same period last year and missed the Street estimates.
The company's bottom line came in at $119.574 million, or $3.56 per share. This compares with $129.138 million, or $3.72 per share, last year.
Excluding items, Eagle Materials Inc. reported adjusted earnings of $120.613 million or $3.59 per share for the period.
Analysts on average had expected the company to earn $3.96 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 0.1% to $558.025 million from $558.833 million last year.
Eagle Materials Inc. earnings at a glance (GAAP) :
-Earnings: $119.574 Mln. vs. $129.138 Mln. last year.
-EPS: $3.56 vs. $3.72 last year.
-Revenue: $558.025 Mln vs. $558.833 Mln last year.
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