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.
Read MoreTag: Eagle Materials
MSHA Impact Inspections Target 16 Mines in 11 States in December
The U.S. Department of Labor announced that its Mine Safety and Health Administration (MSHA) completed impact inspections at 16 mines in 11 states in December 2023, issuing 247 violations. The agency began conducting impact inspections after an April 2010 explosion in West Virginia at the Upper Big Branch Mine killed 29 miners. MSHA’s impact inspections in 2023 identified 2,739 violations,…
Read MoreEagle Materials Reports Record Third Quarter Results
Eagle Materials Inc. reported financial results for the third quarter of fiscal 2024 ended Dec. 31, 2023. The company is reporting record revenue of $558.8 million, up 9% and record net earnings of $129.1 million, up 10%.
Read MoreTerra CO2, Eagle Materials to Operate Low-Carbon Cementitious Plants
Terra CO2, a developer of a scalable low-carbon supplementary cementitious material, and Eagle Materials Inc. have entered into exclusive agreements for the potential deployment of multiple eco-friendly, low-carbon cementitious commercial-scale plants that would service three different geographic areas, including the Greater Denver market.
Read MoreMSHA Details October 2023 Impact Inspections
The U.S. Department of Labor announced that its Mine Safety and Health Administration (MSHA) completed impact inspections at 13 mines in 10 states in October 2023, issuing 215 violations.
Read MoreEagle Materials Achieves Record Revenue in Second Quarter
Eagle Materials Inc. reported financial results for the second quarter of fiscal 2024 ended Sept. 30, including record revenue of $622.2 million, up 3% and record net earnings of $150.6 million, up 8% Revenue in the Heavy Materials sector, which includes Cement, Concrete and Aggregates, Joint Venture and intersegment Cement revenue, was $426.9 million, a 10% increase. Heavy Materials operating…
Read MoreWhere Are We and Where Are We Headed?
Tracking aggregates production in the United States is no small feat, so kudos to U.S. Geological Survey Commodity Specialist Jason Willett, who diligently compiles that data quarterly for all of us to peruse. Data for the second quarter and first half of the year is now available. An estimated 662 million metric tons of total construction aggregates was produced and…
Read MoreEagle Materials Reports Record Quarterly Revenues
Eagle Materials is reporting record revenue of $601.5 million, up 7%, and record net earnings of $120.8 million, up 15%. Revenue in the Heavy Materials sector, which includes Cement, Concrete and Aggregates, Joint Venture and intersegment Cement revenue, was $396 million, a 15% improvement. Heavy Materials operating earnings increased 19% to $81 million primarily because of higher Cement sales prices…
Read MoreEagle Materials Establishes New Financial Milestones
Eagle Materials Inc. reported financial results for fiscal year 2023 and the fiscal fourth quarter ended March 31, 2023. For fiscal year 2023, the company is reporting record revenue of $2.1 billion, up 15% and net earnings of $461.5 million, up 23%. For the fourth quarter, the company is reporting record revenue of $470.1 million, up 14%. Fiscal 2023 revenue in…
Read MoreEagle 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%…
Read More