earnings
confidence high
sentiment positive
materiality 0.85
Eagle Materials reports record Q4 and FY2023 revenue and EPS; annual EPS $12.46 up 36%
EAGLE MATERIALS INC
2023-FY EPS reported
$12.46
revenue$2,148,069,000
- Record annual revenue $2.1B (+15%), net earnings $461.5M (+23%), diluted EPS $12.46 (+36%).
- Record Q4 revenue $470.1M (+14%), EPS $2.79 (+47%), adjusted EBITDA $171.7M (+30%).
- Cement avg net price up 13% to $134.36/ton; volume down 5% to 7.1M tons.
- Wallboard record volume 3.1 BSF (+4%), avg price up 22% to $232.31/MSF.
- Repurchased 3.1M shares for $388M in FY; net leverage 1.4x debt/EBITDA.