Eagle Materials — Second Quarter Fiscal 2027 Earnings Summary

Eagle Materials Inc. reported record second-quarter fiscal 2027 revenue of $652.7 million and net earnings of $111.5 million, or $3.63 per diluted share. Despite challenges from elevated diesel fuel prices and higher interest rates, the company achieved a 2% revenue increase driven by strong demand in heavy materials and light materials segments. The firm repurchased approximately $62 million in common stock during the quarter and maintained a net leverage ratio of 2.1 times. Heavy Materials revenue rose to $477.8 million, while Light Materials revenue increased to $216.4 million, though operating earnings declined across both segments due to rising costs.