BUZZ-Eagle Materials falls after Q4 earnings miss estimates

Reuters
May 20
BUZZ-Eagle Materials falls after Q4 earnings miss estimates

** Construction material co Eagle Materials' EXP.N shares plummet 7% to $226

** Co posts Q4 adj. EPS of $2.08/share, below analysts' avg. estimate of $2.48/share

** EXP's Q4 revenue falls 1.4% to $470.18 mln from a year ago; analysts expected $482.11 mln

** Co's adj. EPS missed ' estimates for last two quarters

** Five of 12 brokerages rate stock "buy" or higher, seven "hold"; their median PT is $267.50 - data compiled by LSEG

** Including session moves, shares down 8.4% YTD

(Reporting by Apratim Sarkar)

((Apratim.Sarkar@thomsonreuters.com))

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