Eagle Materials Inc (EXP) Q1 2027 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and welcome to the Eagle Materials first quarter of fiscal 2027 earnings conference call. This call is being recorded. At this time, I would like to turn the call over to Eagle's president and chief executive officer, Mr. Michael Haack. Mr. Haack, please go ahead, sir. Thanks, Chuck. Good morning. Welcome to Eagle Materials conference call for our first quarter of fiscal year 2027. This is Michael Haack. Joining me today are Craig Kesler, 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 connection with this call. To access it, please go to eaglematerials.com and click on the link to the webcast. While you're accessing the slides, please note that the first slide covers our cautionary disclosure regarding forward-looking statements made during this call. These statements are subject to risks and uncertainties that could cause results to differ from those discussed during the call. For further information, please refer to this disclosure, which is also included at the end of our press release. Thank you all for joining us today. Against a backdrop of macroeconomic uncertainty, we are pleased to report steady results for the first quarter of the fiscal year. Our first quarter revenue was a record $651 million, We generated earnings per share of $3.29, and our gross margin was 24.8%. These results highlight how our low-cost producer position allows us to successfully navigate and execute in dynamic environments. Last month, we published our annual report, shareholder letter, and an updated corporate sustainability report, highlighting our progress across EGLE for FY26. These documents highlight how we strive to consistently make our operatio...