Eagle Materials Inc reports that, for the quarter ended September 30, its revenues and net earnings were $210.5m and $34.8m, respectively. The company s revenues decreased 18% from the prior year second quarter and net earnings decreased 47% from the same period. The company s diluted earnings per share for the second quarter of fiscal 2008 were $0.73 compared with $1.32 in the same period a year ago, a 44% decline. Since June 30, 2007, Eagle has repurchased around four million shares of its stock, at an average purchase price of $38.31. This leaves 1.,489,500 shares available under its current repurchase authorization. Dallas-based Eagle Materials produces and distributes gypsum wallboard, cement, recycled paperboard and concrete and aggregates. Published under Cement News
Eagle Materials Inc reports that, for the quarter ended September 30, its revenues and net earnings were $210.5m and $34.8m, respectively. The company s revenues decreased 18% from the prior year second quarter and net earnings decreased 47% from the same period. The company s diluted earnings per share for the second quarter of fiscal 2008 were $0.73 compared with $1.32 in the same period a year ago, a 44% decline. Since June 30, 2007, Eagle has repurchased around four million shares of its stock, at an average purchase price of $38.31. This leaves 1.,489,500 shares available under its current repurchase authorization. Dallas-based Eagle Materials produces and distributes gypsum wallboard, cement, recycled paperboard and concrete and aggregates. Published under Cement News
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