NYSE:SKY - New York Stock Exchange, Inc. - US8308301055 - Common Stock - Currency: USD
Eagle Materials (EXP) delivered earnings and revenue surprises of -11.11% and 1.59%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?
Mentions: EXP
Even if they go mostly unnoticed, industrial businesses are the backbone of our country. Unfortunately, this role also comes with a demand profile tethered to the ebbs and flows of the broader economy, and investors seem to be forecasting a downturn - over the past six months, the industry has pulled back by 6.6%. This performance was worse than the S&P 500’s 1% loss.
The Russell 2000 (^RUT) is packed with potential breakout stocks, thanks to its focus on smaller companies with high growth potential. However, smaller size also means these businesses often lack the resilience and financial flexibility of large-cap firms, making careful selection crucial.
Shares of modular home and building manufacturer Champion Homes (NYSE:SKY) jumped 11.1% in the morning session after the company reported fourth-quarter results that significantly exceeded analysts' sales volume expectations. Sales grew 15.3% year-on-year, driven by a 14.1% increase in US homes sold and a 2.8% rise in the average selling price per home. Gross margin expanded to 28.1%, benefiting from higher sales through company-owned retail centers and lower input costs. EPS beat analysts' ex
Modular home and building manufacturer Skyline Champion (NYSE:SKY) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 15.3% year on year to $644.9 million. Its non-GAAP profit of $1.04 per share was 27.8% above analysts’ consensus estimates.