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Texas Industries Inc.



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Texas Industries net income falls 15%

NEW YORK (MarketWatch) -- Texas Industries Inc. on Thursday said fourth-quarter net income fell 15% to $25.6 million, or 92 cents a share, from $30.1 million, or $1.09 a share in the year-ago period. Excluding one-time gains of 43 cents a share for the sale of units, earnings in the latest period were 49 cents a share. Sales rose 2% to $266 million. Analysts surveyed by FactSet forecast...

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Texas Industries 4Q profit falls 15% 8:50 AM CT

Concrete maker Texas Industries Inc. said Thursday its fiscal fourth-quarter profit fell 15 percent as prices decreased and diesel costs increased. Net income for the three months ended May 31 fell to $25.6 million, or 92 cents per share, compared with $30.1 million, or $1.09 per share, in the year-earlier quarter. Excluding one-time after-tax gains, the company posted adjusted fiscal...