earnings
confidence high
sentiment positive
materiality 0.80
Eagle Materials reports record FY2022 revenue $1.9B, EPS $9.14; boosts buyback by 7.5M shares
EAGLE MATERIALS INC
2022-FY EPS reported
$9.14
revenue$1,861,522,000
- Record revenue of $1.9B (+15% YoY); net earnings $374.2M (+10%).
- Diluted EPS from continuing ops $9.14 (+14%); Q4 EPS $1.90 (+22%).
- Board authorized repurchase of additional 7.5M shares; total authorization ~10.3M shares (~25% of outstanding).
- Heavy Materials revenue $1.2B (+6%); Cement net sales price +7% to $119.13/ton.
- Light Materials revenue $804.1M (+27%); Wallboard net sales price +27% to $190.76/MSF.