Eagle Materials posts record Q2 FY2027 revenue but earnings miss

Eagle Materials reported fiscal Q2 2027 revenue of $652.7 million, a 2% year‑over‑year increase, while net earnings fell to $111.5 million, yielding diluted EPS of $3.63. Both Heavy Materials ($477.8 million) and Light Materials ($216.4 million) segments saw revenue growth, but operating earnings declined 12% and 13% respectively due to higher diesel‑driven freight costs. The company repurchased 304,881 shares for about $62 million and ended the quarter with $1.5 billion of net debt and a net leverage ratio of 2.1×.

The company said the record revenue and ongoing share buybacks improve cash generation, but the earnings miss and elevated leverage signal tighter margins and higher debt for investors (the filing notes net debt of $1.5 billion and a leverage of 2.1×).

  • 1Record revenue of $652.7 million
  • 2Net earnings of $111.5 million
  • 3Diluted EPS of $3.63
  • 4Adjusted EBITDA of $202.7 million
  • 5Heavy Materials revenue of $477.8 million
  • 6Light Materials revenue of $216.4 million

Sources