Eagle Materials (EXP) stock is soaring 5.36% in pre-market trading following the release of its fiscal 2026 first-quarter earnings report, which surpassed analyst expectations. The company's strong performance, particularly in revenue, has sparked investor optimism despite some mixed results in other areas.

The building materials producer reported record revenue of $634.7 million for the quarter, marking a 4% increase year-over-year and beating the analyst consensus estimate of $611.264 million by 3.83%. Earnings per share came in at $3.76, slightly above the expected $3.74, although this represents a 4.57% decrease from the same period last year. The company's adjusted EBITDA was $215 million, down 4% from the previous year.

Eagle Materials saw strong performance in its Concrete and Aggregates segment, with revenue up 21% to $73.7 million and operating earnings surging by 107% to $6.2 million. The company's core Cement business also showed resilience with a 2% increase in revenue to $347.6 million, despite facing higher operating costs. Looking ahead, Eagle Materials expects to benefit from U.S. infrastructure renovation needs and anticipates that a housing market recovery will improve its positioning. The company is also investing in plant modernization for long-term growth, signaling confidence in its future prospects despite ongoing macroeconomic uncertainties.