James Hardie Industries (NYSE:JHX) Releases Quarterly Earnings Results, Beats Estimates By $0.04 EPS

James Hardie Industries (NYSE:JHX) issued its earnings results on Thursday. The construction company reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.04, Zacks reports. James Hardie Industries had a return on equity of 11.13% and a net margin of 2.15%.The firm had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.42 billion. During the same quarter in the prior year, the business earned $0.29 earnings per share. The company’s revenue was up 63.9% compared to the same quarter last year.

Here are the key takeaways from James Hardie Industries’ conference call:

• Strong first-quarter outperformance: Net sales rose 12% pro forma to $1.47 billion, while Adjusted EBITDA reached $422 million, both above the high end of guidance. Management raised fiscal 2027 guidance to $5.564–$5.723 billion in sales and $1.536–$1.625 billion in Adjusted EBITDA.
• Fiber cement returned to strong growth: Organic growth reached 20%, driven by ColorPlus, Statement Essentials, Trim-Over, stronger higher-end repair and remodeling and multifamily demand, and easier comparisons after last year’s inventory destocking. Fiber cement sell-through accelerated to 19% in June.
• Distribution and synergy momentum improved: Expanded partnerships with Boise Cascade and six regional distributors are expected to support material conversion and the fiscal 2027 commercial revenue synergy target of $125 million. Cost synergies remain ahead of schedule and under budget, while free cash flow reached $254 million and net leverage fell to 2.7x after $400 million of debt repayment.
• Macro and cost pressures remain significant: Elevated mortgage rates, cautious builders and consumers, freight inflation, and expected fiscal 2027 cost pressure of $80–$100 million are limiting visibility. Management is planning the second half prudently and expects distribution transitions to create near-term sales volatility and additional marketing and support costs.

James Hardie Industries Trading Up 8.3%

Shares of JHX traded up $2.33 during mid-day trading on Friday, reaching $30.33. The stock had a trading volume of 10,118,928 shares, compared to its average volume of 7,186,047. James Hardie Industries has a 52-week low of $16.46 and a 52-week high of $30.74. The firm has a market cap of $17.60 billion, a price-to-earnings ratio of 137.89, a P/E/G ratio of 13.94 and a beta of 1.77. The business’s fifty day moving average is $25.24 and its 200 day moving average is $22.99. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.58 and a quick ratio of 1.03.

More James Hardie Industries News

Here are the key news stories impacting James Hardie Industries this week:

• Positive Sentiment: Quarterly results exceeded expectations: James Hardie reported earnings of $0.36 per share versus the $0.32 analyst consensus, while revenue reached $1.47 billion, ahead of the $1.42 billion estimate. Revenue rose 63.9% year over year, and earnings increased from $0.29 per share in the prior-year quarter. James Hardie quarterly earnings report
• Positive Sentiment: Management raised its outlook: Fiscal 2027 revenue is now projected at $5.6 billion-$5.7 billion, above the $5.4 billion consensus estimate. Second-quarter revenue guidance of $1.5 billion-$1.6 billion also exceeds the $1.3 billion analyst forecast. James Hardie FY27 results and outlook
• Positive Sentiment: Analysts became more optimistic: Truist raised its price target from $30 to $40 and upgraded the stock to “buy.” Stephens lifted its target from $33 to $34 and reaffirmed an “overweight” rating, implying additional upside based on the referenced share price. Benzinga analyst ratings
• Neutral Sentiment: Operating leverage remains a consideration: Gross profit increased to $548.7 million and operating cash flow rose to $344 million, but operating profit grew 9.5%—much slower than revenue—while cost of sales climbed sharply. This suggests investors will monitor margins as growth continues.
• Negative Sentiment: Valuation risk remains elevated: After the rally, JHX trades at a high earnings multiple, making the stock sensitive to any slowdown in construction demand, weaker margins, or guidance disappointment.

Analysts Set New Price Targets

JHX has been the topic of a number of analyst reports. Robert W. Baird set a $34.00 price objective on shares of James Hardie Industries in a research note on Friday. Stephens lifted their price objective on shares of James Hardie Industries from $33.00 to $34.00 and gave the company an “overweight” rating in a report on Friday. Barclays reiterated a “positive” rating on shares of James Hardie Industries in a research report on Friday, July 24th. Oppenheimer increased their target price on shares of James Hardie Industries from $32.00 to $36.00 and gave the stock an “outperform” rating in a research note on Friday. Finally, Zacks Research upgraded James Hardie Industries from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. Nine equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $30.11.

Institutional Trading of James Hardie Industries

Several hedge funds have recently made changes to their positions in the company. Xponance LLC lifted its position in James Hardie Industries by 5.7% during the 4th quarter. Xponance LLC now owns 16,879 shares of the construction company’s stock worth $350,000 after acquiring an additional 911 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in James Hardie Industries by 16.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 6,684 shares of the construction company’s stock valued at $139,000 after acquiring an additional 936 shares in the last quarter. Osaic Holdings Inc. grew its position in James Hardie Industries by 67.1% in the second quarter. Osaic Holdings Inc. now owns 2,576 shares of the construction company’s stock valued at $67,000 after acquiring an additional 1,034 shares in the last quarter. Global Retirement Partners LLC raised its stake in shares of James Hardie Industries by 3,431.1% during the fourth quarter. Global Retirement Partners LLC now owns 1,589 shares of the construction company’s stock valued at $33,000 after purchasing an additional 1,544 shares during the period. Finally, Los Angeles Capital Management LLC acquired a new position in shares of James Hardie Industries during the fourth quarter worth $52,000. Hedge funds and other institutional investors own 7.96% of the company’s stock.

James Hardie Industries Company Profile

James Hardie Industries plc (NYSE: JHX) is a global manufacturer of high-performance fiber cement building products. The company specializes in exterior cladding, trim and soffit, as well as interior backerboard solutions designed for residential and commercial construction. By combining cement, sand and cellulose fibers, James Hardie produces durable, low-maintenance materials that resist moisture, fire and termite damage, catering to builders, contractors and homeowners through a network of distributors and retail channels.

The company’s flagship products include Hardie® Plank® and Hardie® Panel® siding systems, Hardie® BackerBoard® for tile applications, and a range of architectural trim solutions.