Eagle Materials Reported Q3 EPS Beat, In-Line Revenues 
<p><a href='https://financialmodelingprep.com/financial-summary/EXP'>Eagle Materials Inc. (NYSE:EXP) </a>reported its Q3 results, with EPS coming in at $2.53 (3% above the Street estimate) and revenue and EBIT of $463 million and $137 million, respectively, both in line with the consensus estimates. </p>
<p>More importantly, management made a few comments during the earnings call, which analysts at Berenberg Bank find encouraging. First, the company is ramping production of Portland Limestone Cement (PLC), which not only reduces its carbon footprint, but should also add around 8-12% to cement capacity over the coming years (depending on the plant). Secondly, management appeared confident that there was further upside potential for the Wallboard operating margin despite investor concerns that the company may have reached a peak at around 37-38%.</p>

NYSE:EXP