Eagle Materials Q3 net earnings fell to $119.6 million; diluted EPS $3.56
Eagle Materials reported fiscal third-quarter results for the quarter ended December 31, 2024, with revenue of $558.0 million, compared with $558.8 million a year earlier. Net earnings fell to $119.6 million from $129.1 million, and diluted EPS was $3.56 versus $3.72, as adverse weather reduced cement and concrete volumes. The filing contains no updated guidance, and the lower profit per share is the main concern for shareholders.
Key points
- Revenue of $558.0 million versus $558.8 million in the prior-year quarter
- Net earnings of $119.6 million, or $3.56 per diluted share, versus $129.1 million, or $3.72 per diluted share
- Heavy Materials operating earnings decreased 20% to $85.4 million on lower sales volume; Light Materials operating earnings rose 18% to $97.4 million
- Repurchased about 195,000 shares for $55 million and announced the acquisition of Bullskin Stone and Lime, LLC
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:05 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 29, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.