NYSE$EXP

Eagle Materials Inc. · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

Eagle Materials reported a slight increase in revenue but a decrease in net earnings and diluted earnings per share for Q4 2024, while facing adverse weather conditions and increased maintenance costs.

Eagle Materials reported a 1% increase in revenue to $476.7 million for Q4 2024, but net earnings decreased by 23% to $77.1 million and diluted earnings per share decreased by 20% to $2.24. The results were affected by adverse weather conditions and increased maintenance costs, particularly in the Cement and Concrete and Aggregates segments.

  • Revenue increased by 1% to $476.7 million.
  • Net earnings decreased by 23% to $77.1 million.
  • Diluted earnings per share decreased by 20% to $2.24.
  • Cement and Concrete and Aggregates results were affected by adverse weather conditions and increased maintenance costs.

Headline financials

Total Revenue

$477M

Previous: $470M+1.4%
EPS (adj)

$2.24

Previous: $2.79-19.7%
Gypsum Wallboard Avg Price

$232.62

Previous: $239.39-2.8%
Paperboard Sales Volume

86.0K

Previous: 80.0K+7.5%
Paperboard Avg Net Sales Price

$567.55

Previous: $550.52+3.1%
Cement Avg Net Sales Price

$154.59

Previous: $147.50+4.8%
Gypsum Wallboard Volume

747.0M

Previous: 756.0M-1.2%
Cement Sales Volume

1.3M

No prior period
Capital Expenditures

$32.5M

Previous: $49.2M-34.0%
Net Income

$77.1M

Previous: $100M-23.2%
Operating Income

$111M

Previous: $133M-16.4%
Gross Profit

$120M

Previous: $135M-11.6%
Stock-Based Comp

$4.54M

Previous: $3.52M+29.1%

Revenue & EPS history

Eagle Materials · Revenue · Quarterly

$477M

Q4 2024+1.4%vs Q4 2023
Beat estimate in 6 of 13 quarters(46%)
ActualEstimate

Revenue by segment

Eagle Materials · $479M total across 4 segments · Q4 2026

  • Cement (Wholly Owned)
    $206M
  • Gypsum Wallboard
    $184M
  • Concrete and Aggregates
    $58.9M
  • Recycled Paperboard
    $31M

Forward guidance

Eagle Materials anticipates solid underlying fundamentals in its markets during fiscal 2025, supported by large-scale infrastructure spending, domestic manufacturing projects, and increased residential construction activity.

Tailwinds

  • Large-scale infrastructure spending should support strong demand for cement.
  • Domestic manufacturing projects should support strong demand for cement.
  • Increased residential construction activity is anticipated as mortgage rates stabilize.
  • The well-documented housing supply shortage continues.
  • Geographical footprint across the U.S. heartland and fast-growing Sun Belt region positions the company to capitalize on market dynamics.

Headwinds

  • Cement results were affected by increased maintenance costs in Q4.
  • Adverse weather conditions affected Cement and Concrete and Aggregates results in Q4.
  • Potential risks associated with economic conditions, including inflation and recessionary conditions.
  • Changes in interest rates could affect demand for products.
  • Possible impacts from natural disasters and health emergencies.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+1.2%

Avg return

Earnings day

+1.1%

Avg return

5 days after

+2.5%

Avg return

30 days after

59%

39 / 66 earnings

Positive

+12.2%

Q2 2019

Best reaction

-8.9%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+1.7%+1.6%+14.3%
Q3 2026-2.9%+0.8%+2.7%
Q2 2026-8.0%-10.6%-4.0%
Q1 2026+2.8%-0.2%+4.3%
Q4 2025-8.9%-11.4%-19.2%
Q2 2025-0.2%-0.5%+5.8%
Q1 2025+9.5%+2.0%+2.4%
Q4 2024-7.1%-7.3%-15.6%
Q3 2024+4.1%+10.3%+19.9%
Q2 2024-2.9%+1.2%+17.9%
Q4 2023+4.1%+3.8%+6.1%
Q3 2023-2.5%+0.9%-4.1%
Q2 2023-1.0%-0.2%+9.8%
Q1 2024+0.4%-2.1%-2.8%
Q1 2023+0.4%-2.1%-2.8%
Q4 2022-1.2%+1.3%-11.2%
Q3 2022+0.7%+3.2%-3.9%
Q2 2022+7.5%+12.9%+15.4%
Q1 2022+7.0%+5.5%+17.7%
Q4 2021-4.0%-1.8%-7.8%
Q3 2021+1.5%+6.8%+15.7%
Q2 2021+2.7%+11.1%+12.0%
Q1 2021-1.0%+1.6%+4.1%
Q4 2020+5.5%+10.7%+22.8%
Q3 2020-1.1%-7.0%-11.6%
Q2 2020+3.4%+1.5%+0.4%
Q1 2020-5.4%-6.3%-4.4%
Q4 2019+3.2%+3.4%-0.6%
Q3 2019+2.6%+6.5%+11.1%
Q2 2019+12.2%+17.8%+11.3%
Q1 2019-8.3%-8.0%-13.7%
Q4 2018+1.8%+3.4%+6.1%
Q3 2018-4.1%-10.4%-13.8%
Q2 2018-3.9%-4.2%-4.1%
Q1 2018-0.7%-0.6%-5.1%
Q4 2017+3.4%+2.8%-2.6%
Q3 2017+7.3%+4.5%+1.3%
Q2 2017+3.1%+4.0%+23.2%
Q1 2017+2.4%+0.0%-0.5%
Q4 2016-4.0%
Q3 2016+11.8%
Q2 2016+1.1%
Q1 2016+3.0%
Q4 2015-5.3%
Q3 2015+4.1%
Q2 2015+0.7%
Q1 2015+7.3%
Q4 2014-0.1%
Q3 2014-1.8%
Q2 2014-2.6%
Q1 2014+1.6%
Q4 2013+3.8%
Q3 2013-2.6%
Q2 2013+9.9%
Q1 2013+12.2%
Q4 2012+4.4%
Q1 2010-0.1%
Q4 2009-0.1%
Q1 2012+2.7%
Q4 2011+1.0%
Q3 2010+1.1%
Q3 2011+1.1%
Q2 2011+1.9%
Q2 2010+1.9%
Q1 2011-0.6%
Q4 2010-0.6%

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