Texas Industries Turns To Profit In Q1 - Quick Facts

(RTTNews) - Texas Industries Inc. (TXI) reported that its first-quarter net income was $429 thousand, or $0.01 per share, compared to net loss of $2.7 million, or $0.08 per share in the comparable quarter last year.

On average, 8 analysts polled by Thomson Reuters expected the company to report a profit of $0.01 per share for the quarter. Analysts' estimates typically exclude special items.

Net sales for the quarter rose to $233.08 million from $174.52 million in the prior year quarter, while four analysts had consensus revenue estimate of $233.63 million for the quarter.