Even Hurricanes Couldn't Stop Eagle Materials Inc. From Setting a Revenue Record
Several hurricanes ravaged the Southern U.S. during Eagle Materials' (NYSE: EXP) fiscal second quarter, disrupting the company's operations and reducing demand for its products. However, it was able to overcome those literal headwinds thanks to strong cement pricing and the positive impact from its recent acquisition of the Fairborn cement plant from Cemex, and hit record revenue. Meanwhile, once rebuilding begins in earnest in the areas impacted by the storms, it should drive up demand for Eagle's cement, concrete and wallboard products.
Metric
Fiscal Q2 2018
Source: Fool.com
Halliburton Co. Stock
€28.35
1.230%
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