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The latest update is out from James Hardie ( (AU:JHX) ).
James Hardie reported strong third-quarter results for fiscal year 2025, showcasing a GAAP operating income of $206 million and an adjusted EBITDA of $262 million. Despite a slight decline in net sales and adjusted EBITDA, the company reaffirmed its guidance for the rest of FY25 and its growth plans for FY26. CEO Aaron Erter emphasized the company’s strategic partnerships and strong team as key factors driving its success. CFO Rachel Wilson highlighted the company’s balanced approach to cost management and growth funding, which has positioned James Hardie to outperform its markets and invest in future growth.
More about James Hardie
James Hardie Industries plc is a leader in the building products industry, offering high performance, low maintenance solutions that inspire the design and growth of communities. The company is known for its innovative building products and solutions, focusing on material conversion opportunities across various regions.
YTD Price Performance: 5.94%
Average Trading Volume: 15,862
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $13.89B
Find detailed analytics on JHX stock on TipRanks’ Stock Analysis page.