Shares of James Hardie Industries (JHX.AU) soared 6.38% during intraday trading on Wednesday, driven by the company's stronger-than-expected third-quarter financial results and an upward revision to its full-year earnings guidance.

The building products manufacturer reported fiscal third-quarter adjusted earnings per share of $0.24, surpassing the FactSet consensus estimate of $0.23. Revenue for the quarter reached $1.24 billion, also exceeding analyst expectations of $1.21 billion and representing a 30% increase from the prior year.

Furthermore, the company raised its fiscal 2026 forecast for adjusted operating earnings to a range of $1.23 billion to $1.26 billion, up from its previous outlook of $1.20 billion to $1.25 billion. The positive results were bolstered by robust inorganic sales growth in its key siding and trim division, contributions from the recent AZEK acquisition, and cost synergy achievements ahead of schedule.