James Hardie Industries Fiscal Q1 Adjusted Earnings, Sales Rise; Full-Year Guidance Raised

MT Newswires Live
08/07

James Hardie Industries (JHX) reported fiscal Q1 adjusted earnings late Thursday of $0.36 per diluted share, up from $0.32 a year earlier.

Analysts polled by FactSet expected $0.33.

Net Sales for the quarter ended June 30 rose to $1.47 billion from $899.9 million a year earlier.

Analysts expected $1.43 billion.

For fiscal Q2, the company expects net sales of $1.49 billion to $1.58 billion. Analysts expect $1.33 billion.

For the fiscal year 2027, the company expects net sales of $5.56 billion to $5.72 billion, compared with the previous guidance of $5.25 billion to $5.41 billion. Analysts expect $5.54 billion.

Shares of James Hardie Industries were up more than 6% in after-hours activity.

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