EXPEagle Materials Inc.
Eagle Materials Inc. (EXP) is a U.S.-based supplier of construction materials, including cement, aggregates, and ready-mix concrete, serving both residential and commercial construction markets. The next catalyst is Oct 28, 2026 — Q3 2026 Earnings Release, which will test the company’s ability to convert peak construction season volume into margin expansion amid rising input costs.
- Revenue hit $2.48B in 2026, with net income of $479.8M and free cash flow of $468.1M in the trailing twelve months.
- Net margin stands at 19.3%, with leverage at 1.22x debt-to-equity.
- Free cash flow has been a consistent driver of shareholder returns, with a strong balance sheet and limited exposure to cyclical downturns.
The schedule
- Wed28Oct
The earnings release will test the company's ability to deliver on its guidance and manage margin pressures, particularly after a recent dip in construction activity. This differs from the last print where the focus was on cost control rather than revenue growth.
- Thu29Oct
The earnings release will test the company's ability to reset forward guidance and provide clarity on its strategic priorities, particularly in the construction materials segment. This differs from the last print where the focus was on cost control rather than revenue growth.
- Wed27Jan
This release will test the company's ability to sustain momentum from Q3 and provide clarity on its long-term growth strategy, particularly in the construction materials segment. The last similar print focused on cost optimization, but this one will emphasize revenue expansion.
- Wed28Apr
The earnings release will test the company's ability to maintain its growth trajectory and adapt to evolving market conditions, particularly in the industrial demand segment. This differs from the last print where the focus was on cost control rather than revenue growth.
Past
- Tue15Sep
Actual outcome: Bear · $176.98 at outcome
The stock fell 2.9% following the Fall Construction Materials Pricing Update, which indicated weaker-than-expected demand for heavy materials. The guidance suggested a slowdown in contractor backlog elasticity, raising concerns about near-term revenue growth. The price dropped below the bear floor, reflecting market skepticism about the company's ability to stabilize demand and meet expectations.
Fall Construction Materials Pricing Update assessing contractor backlog elasticity across heavy materials.
- Wed29Jul
Actual outcome: Mixed · $214.38 at outcome
Eagle Materials reported in-line EPS of 3.3 vs estimate 3.3, with guidance signaling stabilization in demand. The stock rallied on positive forward guidance and strategic developments, including a rebrand and Microsoft designations, which reinforced long-term growth prospects. The price move aligned with the bull target as the market focused on improved outlook rather than the neutral earnings report.
Eagle Materials releases fiscal Q1 results as markets look for resilient heavy material pricing to offset continued wallboard weakness.
- Wed29Jul
Actual outcome: Bear · $217.96 at outcome
Eagle Materials reported record Q1 fiscal 2027 revenue of $651 million, up 3% year-over-year, driven by higher cement volumes and recycled paperboard sales. However, the stock fell below the bear floor as investors reacted negatively to weaker wallboard results and a year-over-year decline in earnings per share.
- Tue19May
Actual outcome: Bull · $221.18 at outcome
Eagle Materials reported Q4 FY26 results that met consensus EPS estimates and delivered record revenue for the fiscal year. The stock rallied 10.7% as strength in the company's cement and aggregates businesses successfully offset continued softness in wallboard tied to residential construction headwinds, reassuring investors and driving shares toward the bull target.
Eagle Materials reported Q4 FY26 results that met consensus EPS estimates and delivered record revenue for the fiscal year. The stock rallied 10.7% as strength in the company's cement and aggregates businesses successfully offset continued softness in wallboard tied to residential construction headwinds, reassuring investors and driving shares toward the bull target.
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