Earnings Volatility Drives These Stocks in a New Direction
Texas Industries Inc. (NYSE:TXI) had a loss and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased to $-0.21 in the quarter versus EPS of $-0.87 in the year-earlier quarter. Revenue Rose 4.99% to $141.36 million from the year-earlier quarter.
Texas Industries Inc. reported adjusted EPS loss of $0.21 per share. By that measure, the company beat the mean analyst estimate of $-0.41. It beat the average revenue estimate of $140.98 million.