Eagle Materials Inc (NYSE:EXP)

Q2 2026 Eagle Materials Inc Earnings Call Transcript

Oct 30, 2025 / 12:30 PM GMT

Release Date Price: $214.64 (-7.94%)

Transcript 10-Q8-K

Key Points

Positve

Eagle Materials Inc (EXP) achieved record revenue of $639 million, driven by higher cement sales volume and contributions from recently acquired aggregates businesses.
The company reported a gross margin of 31.3% and an EPS of $4.23, showcasing strong financial performance despite challenges.
Significant progress was made on the Laramie, Wyoming plant modernization and expansion, which is expected to reduce manufacturing costs by 25% upon completion.
Eagle Materials Inc (EXP) continues to generate meaningful excess-free cash flow, allowing for strategic investments and shareholder value generation.
The company maintains a strong safety track record, consistently performing below the industry average for total recordable incident rates.

Negative

Wallboard sales volume decreased by 14% in the quarter, reflecting reduced demand due to high interest rates and affordability challenges.
Second quarter earnings per share decreased by 1% from the prior year, primarily due to lower wallboard sales volume.
Operating cash flow decreased by 12% to $205 million, mainly due to working capital changes and tax payment timing.
The light materials sector saw a 13% decrease in revenue, driven by lower wallboard sales volume and a 2% decrease in wallboard sales prices.
The company faces challenges in the residential construction market, with a cautious outlook on near-term wallboard demand due to high interest rates and affordability issues.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

EXP.N - Eagle Materials Inc
Q2 2026 Eagle Materials Inc Earnings Call
Oct 30, 2025 / 12:30PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good day everyone and welcome to the Eagle Materials second quarter of FY fiscal 2026 earnings conference call.

Today's call is being recorded

At this time, I would like to turn the call over to Eagle's President and Chief Executive Officer, Mr.

Mike Locke.

Mr.

Hack, please go ahead, sir.

Thank you,

Good morning.

Welcome to Eagle Materials conference call for our second quarter of fiscal year 2026.

This is Michael Hack.

Joining me today are Craig Katzler, our Chief Financial Officer, and Alex Haddock, senior Vice President of Investor relations, strategy, and corporate development.

There will be a slide presentation made in

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.