Feb. 4, 2011 – Eagle Materials Inc. reported financial results for the third quarter ended December 31, 2010. The results showed operating earnings from cement were $15.3 million, a 14 percent increase from the same quarter a year ago. The earnings increase reflects improved sales volumes and lower operating costs.
Cement revenues for the quarter, including joint venture and inter segment revenues, totaled $54.9 million, 3 percent higher than the same quarter last year. Cement sales volumes for the quarter were 619,000 tons, 6 percent above the same quarter a year ago. The average net sales price this quarter was $80.11, 5 percent less than the same quarter last year. | READ MORE
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