Eagle Materials Inc. completed the acquisition of Martin Marietta’s cement import and distribution business in Northern California, which includes its cement terminal in Stockton, Calif. The acquisition is consistent with the company’s strategic intentions to extend and strengthen its distribution reach across its heartland U.S. cement manufacturing system. Commenting on the acquisition, Michael Haack, president and CEO, said, “Our Nevada…
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Eagle Materials Reports Record Second Quarter Results
Eagle Materials Inc. reported financial results for the second quarter of fiscal 2023 ended Sept. 30. The company is reporting record revenue of $605 million, up 19%, and record net earnings of $139 million, up 36%, and net earnings per share of $3.72, up 51%. Commenting on the results, Michael Haack, president and CEO, said, “At this unique time in the…
Read MoreEagle Materials Reports Record Revenue
Eagle Materials Inc. reported financial results for fiscal year 2022 and the fiscal fourth quarter ended March 31. For fiscal year 2022, the company is reporting: Record Revenue of $1.9 billion, up 15%. Net Earnings of $374.2 million, up 10%. Net Earnings from Continuing Operations of $374.2 million, up 12%. In the fourth quarter the company is reporting: Record Revenue…
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