secwatch.observer — SEC 8-K summary
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Issuer:     EAGLE MATERIALS INC (EXP)
CIK:        0000918646
Form:       8-K
Filed at:   2024-07-30T23:59:59+00:00
Accession:  0001193125-24-188227
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Eagle Materials reports record Q1 revenue $608.7M, EPS $3.94 up 16% YoY
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- Record net earnings $133.8M, diluted EPS $3.94 (up 16%), revenue $608.7M (up 1%).
- Heavy Materials operating earnings up 14% to $92.1M; cement price +6% to $156.10/ton offsetting 3% volume decline.
- Light Materials operating earnings up 5% to $102.5M; paperboard volume record 91k tons, price +11%.
- Repurchased ~348k shares for $85.5M; net leverage 1.3x; debt $1.1B.
- CEO cites favorable fundamentals; expects steady demand despite weather impacts in Texas and Midwest.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/918646/000119312524188227/0001193125-24-188227-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/918646/000119312524188227/d867952d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-188227

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer