Eagle Materials Inc. (NYSE:EXP) Q1 2025 Earnings Call Transcript July 30, 2024 8:30 AM ET
Company Participants
Michael Haack - President and CEO
Craig Kesler - CFO
Conference Call Participants
Trey Grooms - Stephens
Stanley Elliott - Stifel
Brent Thielman - D.A. Davidson
Anthony Pettinari - Citi
Jerry Revich - Goldman Sachs
Adam Thalhimer - Thompson Davis
Phil Ng - Jefferies
Operator
Good day, everyone, and welcome to Eagle Materials First Quarter Fiscal 2025 Earnings Conference Call. Today’s event is being recorded. At this time, I'd like to turn the floor over to Eagle's President and Chief Executive Officer, Mr. Michael Haack. Mr. Haack, please go ahead.
Michael Haack
Thank you, Jamie. Good morning. Welcome to Eagle Materials conference call for our first quarter of fiscal year 2024. This is Michael Haack. Joining me today are Craig Kesler, our Chief Financial Officer, and Alex Haddock, Senior Vice President of Investor Relations, Strategy and Corporate Development. There will be a slide presentation made in connection with this call. To access it, please go to eaglematerials.com and click on the link to the webcast. While you're accessing the slides, please note that the first slide covers our cautionary disclosure regarding forward-looking statements made during this call. These statements are subject to risks and uncertainties that could cause results to differ from those discussed during the call. For further information, please refer to this disclosure, which is also included at the end of our press release.
Today I'm pleased to discuss a good start to our 2025 fiscal year. The first quarter results include record revenue of $609 increase and a 16% increase in earnings per share.
Our performance this quarter reflects our consistent disciplined approach to managing and operating our businesses through shifting conditions. We achieved our positive results during the quarter characterized by challenging weather conditions and our solid performance was largely led by operational efforts of our employees.
At Eagle, we maintain our consistent approach to running our businesses regardless of the challenges presented. Our approach revolves around several aspects that we hold the standards.
The first focus area is on safety. It is our belief that a safe operation leads to superior operational and financial results. As I travel to our facilities across the country, it is always impressive to see our employees across all of our businesses stay committed to maintaining the safest possible working environment.
Their efforts are demonstrated through our safety statistics, which are consistently below industry averages, but also most importantly through their interactions with one another ensuring each job can be done safely. Second we are relentlessly focused on operating as efficiently as possible. We're always proactive with our maintenance programs to keep our facilities unlike new conditions enabling us to perform with high efficiency and support our customers.