Eagle Materials Inc (NYSE:EXP) stock fell 0.99% (As on May 21, 11:23:26 AM UTC-4, Source: Google Finance) after the company reported fourth quarter fiscal 2025 results that fell short of analyst expectations. Eagle Materials cited adverse weather conditions, particularly in February, as a key factor impacting results. Cement sales volume declined 6% to 1.2 million tons in Q4 due to weather-related disruptions. The company also noted higher production costs in the quarter as it pulled forward annual maintenance at its Texas Lehigh cement facility and experienced weather-related production interruptions at other plants.

Moreover, fourth quarter Cement revenue, including Joint Venture and intersegment revenue, was down 6% to $214.0 million, reflecting lower sales volume, partially offset by higher Cement sales prices. The average net Cement sales price for the quarter increased 2% to $157.62 per ton. Fourth quarter Concrete and Aggregates revenue was $54.3 million, an increase of 12%, driven by higher Aggregates sales volume and the contribution of $6.7 million from the two acquired aggregates businesses. Fourth quarter Light Materials revenue declined 1% to $235.2 million, reflecting lower Gypsum Wallboard sales volume, which decreased 3% to 722 million square feet (MMSF), while the average net sales price was down slightly to $231.54 per MSF.

Meanwhile, on the strategic front, the company expanded operationally within the existing geographic footprint and improved the ability to service customers in the growing markets. The company completed the acquisition of two pure-play aggregates businesses – one in Kentucky and the other in Western Pennsylvania – for a combined investment of $175 million; began construction and made significant progress in expanding and modernizing the Wyoming cement plant; and started up a 500,000 ton slag-cement facility in Houston, which is operated through our Texas Lehigh Cement Company 50/50 joint venture. Last week, the company had announced a $330 million investment to modernize and expand the Duke, OK Gypsum Wallboard plant, which the company expects will increase the annual plant capacity by 300 million square feet (mmsf), or 25%, lower the plant’s operating cost, and take advantage of the nearby, low-cost natural gypsum reserves. Construction is expected to begin soon with startup scheduled for the second half of calendar year 2027

EXP in the fourth quarter of FY25 has reported the adjusted earnings per share of $2.08, missing the analysts’ estimates for the adjusted earnings per share of $2.58. The company had reported the adjusted revenue decline of 1 percent to $470.2 million in the fourth quarter of FY25, beating the analysts’ estimates for revenue of $487.58 million. Adjusted EBITDA was of $141.2 million, down 9%