Eagle Materials Concrete and Aggregates Revenue Spikes 30%

Eagle Materials Inc. reported financial results for the third quarter of fiscal 2023 ended Dec. 31, 2022. The company is reporting record revenue of $511 million, up 10%.; and record net earnings of $117 million, up 14%. Revenue in the Heavy Materials sector, which includes Cement, Concrete and Aggregates, as well as Joint Venture and intersegment Cement revenue, was up 3%…

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Aggregates Industry Market Report

In This Quarterly Report, Provided Exclusively to Rock Products, Capstone Partners Offers Insight Into Merger and Acquisition Activity, Capital Markets Trends, Aggregate Production and Pricing. By Darin Good, Brian Krehbiel and Crista Gilmore Capstone Partners’ Building Products & Construction Services Team is pleased to share its Rock Products report. Healthy backlogs and persistent aggregates-intensive construction projects have fueled demand for sector participants, despite a backdrop…

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Publicly Traded Companies

The Industry’s Publicly Traded Companies Provide An Industry Barometer When They Release Their Quarterly Reports. Vulcan MaterialsVulcan Materials Co. announced results for the quarter ended June 30. Total revenues increased sharply from the prior year driven by double-digit growth in the company’s legacy business as well as the addition of U.S. Concrete operations. Total revenues were $1.954 billion, up from…

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Eagle’s Heavy Materials Revenue Up 9%

Eagle Materials Inc. reported financial results for the third quarter of fiscal 2022 ended Dec. 31, 2021. The company is reporting: Revenue of $463 million, up 14%. Record diluted EPS from continuing operations of $2.53, up 30%. Repurchased 1.2 million shares of Eagle’s common stock for $188 million. Revenue in the Heavy Materials sector, which includes Cement, Concrete and Aggregates,…

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Eagle Sets the Pace

Jan. 28, 2021 – The first quarterly reports of the year are starting to come in, and Eagle Materials has set the pace with a strong quarter. Given the influence of the pandemic and the economic roller coaster we have seen over the past three months, the company’s performance is quite impressive. Excluding the results from business units sold in its first…

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