Stock Track | James Hardie Industries Soars 5% After-Hours on Strong Q3 Earnings Beat

Stock Track02-11 05:39

James Hardie Industries PLC (JHX) saw its stock price surge 5.00% in after-hours trading on Tuesday, following the release of its third-quarter financial results.

The building materials company reported Q3 adjusted net income of $142.2 million on sales of $1.2 billion. The positive market reaction was driven by these strong earnings figures and the company's maintained full-year guidance, which projects total adjusted EBITDA between $1.232 billion and $1.263 billion for fiscal year 2026.

Investors responded favorably to the results, which indicate robust performance in the company's siding and trim segment as well as its deck, rail, and accessories business. The company also expects channel partner inventories to remain at seasonally normal levels for the remainder of the fiscal year.

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