Investing.com - Eagle Materials reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Eagle Materials announced earnings per share of $3.72 on revenue of $605.07. Analysts polled by Investing.com anticipated EPS of $3.56 on revenue of $597.73M.
Eagle Materials shares are down 26.34% from the beginning of the year and are trading at $122.61 , down-from-52-week-high.
Eagle Materials follows other major Materials sector earnings this month
Eagle Materials's report follows an earnings beat by Sherwin-Williams on Tuesday, who reported EPS of $2.83 on revenue of $6.05B, compared to forecasts EPS of $2.59 on revenue of $5.81B.
Freeport-McMoran had missed expectations on October 20 with third quarter EPS of $0.26 on revenue of $5B, compared to forecast for EPS of $0.3167 on revenue of $5.37B.
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