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Eagle Materials reports 2nd quarter results

October 28, 2010  By Market Watch


NEWS HIGHLIGHT

Eagle Materials reports 2nd quarter results
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

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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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