Texas Industries Q3 Loss Widens - Quick Facts

(RTTNews) - Texas Industries, Inc. (TXI) reported third-quarter net loss of $21.8 million or $0.76 per share, wider than $5.8 million or $0.21 per share in the comparable quarter last year.

Net loss from continuing operations widened to $21.8 million or $0.76 per share from $8.5 million or $0.30 per share in the year-ago quarter. On average, eight analysts polled by Thomson Reuters expected the company to report a loss of $0.55 per share. Analysts' estimates typically exclude special items.

Net sales for the latest third quarter rose to $207.83 million from $141.36 million a year ago, while five analysts expected revenue of $187.46 million for the quarter.