Nov 4, 6:45 AM ET
Eagle Materials reported fiscal second-quarter 2027 results for the period ended September 30, 2026. Revenue rose to a record $652.7 million from $638.9 million a year earlier, but net earnings fell to $111.5 million from $137.4 million, reflecting higher freight, fixed and maintenance costs and softer gypsum wallboard prices.
- Revenue of $652.7 million vs. $638.9 million in the prior-year quarter; described as a record
- Net earnings of $111.5 million vs. $137.4 million; diluted EPS of $3.63 vs. $4.23
- Adjusted EBITDA of $202.7 million vs. $233.3 million, a non-GAAP measure
- Repurchased 304,881 shares for about $62 million in the quarter; net leverage ratio 2.1x at September 30, 2026
Read the filing on SEC.gov ↗
Jul 29, 6:46 AM ET
Eagle Materials reported fiscal first-quarter 2027 results for the quarter ended June 30, 2026. Revenue rose 3% to a record $651.0 million, but net earnings fell 17% to $102.1 million and diluted earnings per share fell 13% to $3.29, as higher cement operating costs, an unexpected Mountain Cement equipment failure and higher diesel-related delivery costs weighed on profit.
- Revenue of $651.0 million, up 3%; Cement sales volume up 8% to a record 2.1 million tons
- Net earnings of $102.1 million, down 17% from $123.4 million; diluted EPS of $3.29 versus $3.76 a year earlier
- Unexpected Mountain Cement equipment failure reduced earnings by about $6 million; the company expects to recover part of this through insurance
- Repurchased 406,500 shares for about $84 million; net leverage ratio of 2.1x at June 30, 2026
Read the filing on SEC.gov ↗
May 28, 4:15 PM ET
Eagle Materials' Compensation Committee approved long-term incentive equity awards to a group of officers, including its named executive officers, effective May 21, 2026, as part of its annual compensation review. The awards combine performance-vesting and time-vesting restricted stock units and stock options, and the performance awards depend on average return on equity over fiscal 2027 through 2029 adjusted for total stockholder return, so the final share count for shareholders is uncertain.
- Awards effective May 21, 2026, under the 2023 Equity Incentive Plan; stock options carry an exercise price of $199.13, the closing price on the grant date
- Michael R. Haack, President and CEO, has a target equity award value of $6 million; D. Craig Kesler, CFO, $1.4 million
- Performance awards vest over a three-year period ending at fiscal 2029 year-end, paying 50% to 200% of target
- Time-vesting RSUs and options vest ratably on May 21, 2027, March 31, 2028 and March 31, 2029
Read the filing on SEC.gov ↗
May 21, 4:30 PM ET
Eagle Materials said Chief Accounting Officer and Controller William R. Devlin will retire effective June 1, 2026, after more than 20 years in the role, and will advise the company for about two to three months. Samuel M. Guzman Jr., currently Vice President - Financial Reporting, will take over as Senior Vice President, Chief Accounting Officer and Controller on the same date. The filing also covers new fiscal 2027 incentive bonus programs for officers.
- William R. Devlin retires as Senior Vice President, Chief Accounting Officer and Controller effective June 1, 2026, and will stay on in an advisory role for about two to three months.
- Samuel M. Guzman Jr. becomes Senior Vice President, Chief Accounting Officer and Controller effective June 1, 2026; he has been Vice President - Financial Reporting since July 2025 and was Chief Accounting Officer of Beacon Roofing Supply,
- The Compensation Committee approved the Eagle Plan on May 15, 2026, with a bonus pool of 1.2% of fiscal 2027 operating earnings; no funds are available if operating earnings fall below 50% of budget.
- Under the Business Unit Plan, the American Gypsum pool is set at 2.00% of EBITDA and the consolidated cement pool at 1.90%.
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.