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EXP - Eagle Materials: Recovering New Home Sales And Insulation From Cement Imports Bolstering Outlook
Eagle Materials Inc
2024-04-17 09:25:29 ET
Summary
Eagle Materials historical financial results have shown strong year-over-year revenue growth and robust margins.
In 3Q24, Eagle Materials continued to report strong top-line growth driven by strong cement pricing and volume. The light material segment was down slightly due to wallboard weakness.
The anticipated growth in US new home sales and insulation from cement imports is expected to strengthen Eagle Materials' growth outlook and market position.