Eagle Materials FY27 Q1 net earnings fall 17% to $102.1 million; revenue rises 3% to $651 million
EXP•Segment performance
Heavy Materials revenue climbed 8% to $454.1 million; segment operating earnings dropped 11% to $77.6 million.
Light Materials revenue declined 5% to $238.2 million; segment operating earnings fell 15% to $86.5 million.
Margins and capital return
Adjusted EBITDA, a non-GAAP measure, decreased 11% to $190.53 million; the company repurchased about $84 million of shares.
Quarterly earnings and revenue
Eagle Materials posted fiscal Q1 net earnings of $102.1 million, down 17% year over year; diluted EPS fell 13% to $3.29.
Revenue rose 3% to $651 million, while GAAP gross profit slipped 13% to $161.25 million.
