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Eagle Materials reports 2nd quarter results

October 28, 2010  By Market Watch


Oct. 28, 2010, Dallas – Eagle Materials Inc. has reported financial
results for the second quarter of fiscal 2011 ended Sept. 30, 2010.

Oct. 28, 2010, Dallas – Eagle Materials Inc. has reported financial results for the second quarter of fiscal 2011 ended Sept. 30, 2010. Notable items for the quarter include:

Revenues of $132.1 million Cash flow from operations was $40.8 million Net earnings of $9.6 million Diluted earnings per share of $0.22

Demand for building materials and construction products remains weak. Implementing capital projects that will reduce our costs and enhance our competitive positions remains a major focus for all Eagle Materials employees. | READ MORE

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