James Hardie's Q2 Earnings & Sales Decline Y/Y, Stock Down

Zacks11-14 01:28

James Hardie Industries plc JHX reported second-quarter fiscal 2025 results, wherein adjusted earnings per share (EPS) and sales declined from the year-ago period, given lower volumes due to weak ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2483856969?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/dvI.3te9O3VKwT8kWTslDg--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/7437ddc5925b36e1d0d52e9f1b1da466","is_english":true,"pubTime":"2024-11-14 01:28","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2483856969","market":"us","top_or_hot":-1,"title":"James Hardie's Q2 Earnings & Sales Decline Y/Y, Stock Down","media":"Zacks","content":"<div>\n<p>James Hardie Industries plc JHX reported second-quarter fiscal 2025 results, wherein adjusted earnings per share (EPS) and sales declined from the year-ago period, given lower volumes due to weak ...</p>\n\n<a href=\"https://finance.yahoo.com/news/james-hardies-q2-earnings-sales-172800313.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance_au","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>James Hardie's Q2 Earnings & Sales Decline Y/Y, Stock Down</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJames Hardie's Q2 Earnings & Sales Decline Y/Y, Stock Down\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-14 01:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/james-hardies-q2-earnings-sales-172800313.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>James Hardie Industries plc JHX reported second-quarter fiscal 2025 results, wherein adjusted earnings per share (EPS) and sales declined from the year-ago period, given lower volumes due to weak ...</p>\n\n<a href=\"https://finance.yahoo.com/news/james-hardies-q2-earnings-sales-172800313.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BLD","symbol_name":"TopBuild Corp.","start_time":0,"source_url":"https://finance.yahoo.com/news/james-hardies-q2-earnings-sales-172800313.html","article_id":"2483856969","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/dvI.3te9O3VKwT8kWTslDg--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/7437ddc5925b36e1d0d52e9f1b1da466"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483856969","pubTimestamp":1731518880,"sourceInfo":{"source_id":"yahoofinance_au","name":"Yahoo Finance AU"},"weMediaInfo":null,"summary":"James Hardie Industries plc JHX reported second-quarter fiscal 2025 results, wherein adjusted earnings per share  and sales declined from the year-ago period, given lower volumes due to weak demand in North America and Europe.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Shares of this leader provider of high performance, low maintenance building products and solutions lost 2.75% during the trading session yesterday.Despite volume and margin pressures across key markets, James Hardie maintained profitability through strategic price increases, operational efficiencies, and focused investments. Each region faced unique challenges, from raw material costs to economic headwinds, but effective cost management and targeted market strategies allowed the company to uphold performance. For example, the company attempted to counterbalance the volume decline with strategic price increases and investments in market share growth, particularly in North America and Australi","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"BLD":"TopBuild Corp.","AWI":"阿姆斯特朗","MAS":"马斯科","JHX":"詹姆斯哈迪","JHX.AU":"JAMES HARDIE INDUSTRIES-CDI"},"translate_title":"詹姆斯·哈迪第二季度盈利和销售额同比下降，库存下降","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"JHX.AU":1,"AWI":0.9,"BLD":0.9,"JHX":0.9,"MAS":0.9},"content_text":"James Hardie Industries plc JHX reported second-quarter fiscal 2025 results, wherein adjusted earnings per share (EPS) and sales declined from the year-ago period, given lower volumes due to weak demand in North America and Europe.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Shares of this leader provider of high performance, low maintenance building products and solutions lost 2.75% during the trading session yesterday.Despite volume and margin pressures across key markets, James Hardie maintained profitability through strategic price increases, operational efficiencies, and focused investments. Each region faced unique challenges, from raw material costs to economic headwinds, but effective cost management and targeted market strategies allowed the company to uphold performance. For example, the company attempted to counterbalance the volume decline with strategic price increases and investments in market share growth, particularly in North America and Australia.\n\nJames Hardie Industries PLC. Price\n\nJames Hardie Industries PLC. price | James Hardie Industries PLC. Quote\n\nInside JHX’s Q2 Results\nNet sales of $961 million decreased 4% from a year ago. This downside was due to lower market demand in North America. Also, demand remained subdued, especially in Germany, where the economic environment has been more challenging.Adjusted operating margin declined 200 basis points (bps) from a year ago to 22% in the quarter.Adjusted EBITDA margin of 27.4% declined 120 bps from the year-ago period.Adjusted EPS came in at 36 cents, a decrease of 11% from 41 cents a year ago.\nJames Hardie’s Segmental Performance\nNorth America Fiber Cement: Net sales dipped 5% year over year, driven by a 7% decline in volume due to weaker market demand. However, this was partly offset by an increase in average net sales price, attributed to a January 2024 price adjustment.The EBIT margin decreased 270 bps to 29% from a year ago. Excluding depreciation, EBITDA fell 10% to $240 million, and EBITDA margin decreased 170 bps to 34.5%.Asia Pacific Fiber Cement: James Hardie focused on gaining market share in Australia and New Zealand, seeing a modest recovery in core products. The decision to cease operations in the Philippines led to a 10% volume decline, offset by a 10% increase in the average net sales price. This resulted in net sales of $148.4 million, up 1% year over year.Adjusted EBIT margin rose 310 bps to 33.3%, driven by a favorable geographic mix and price adjustments. Adjusted EBITDA grew 11% to $54 million, with an adjusted EBITDA margin improvement of 350 bps to 36.5%.Europe Building Products: Markets, particularly in Germany, remained weak. Despite this, net sales only declined 1% year over year in Euros. Price increases partially offset this impact, with a 4% rise in average net sales price. This resulted in net sales of $116.6 million in the quarter, at par year over year.EBIT margin declined 320 bps to 7.5%, with profitability mainly affected by unfavorable comparisons due to a rebate true-up from the previous year. EBITDA, excluding depreciation, fell 12% to $17 million, with an EBITDA margin decrease of 220 bps to 14.5%.\nZacks Rank & Recent Construction Releases\nJHX currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.TopBuild Corp. BLD reported mixed results for the third-quarter 2024, wherein its earnings topped the Zacks Consensus Estimate and sales missed the same. Nonetheless, both earnings and sales increased year over year on the back of pricing and increased volumes. TopBuild also benefited from acquisitions despite the challenges.TopBuild has trimmed its sales and adjusted EBITDA views for 2024 due to the ongoing challenges in the housing market and delays in commercial and industrial projects. Despite this, the company remains optimistic, supported by growing demand for energy efficiency, the U.S. housing supply shortage, increasing household formations and the potential for lower interest rates to drive growth.Masco Corporation MAS reported third-quarter 2024 results, wherein earnings met the Zacks Consensus Estimate and net sales marginally beat the same. Strong operational efficiency helped it deliver strong earnings amid challenging market conditions.Masco lowered the upper limit of its 2024 adjusted EPS guidance due to challenged market demand.Armstrong World Industries, Inc. AWI reported solid results for the third quarter of 2024, wherein earnings and net sales topped the Zacks Consensus Estimate and increased on a year-over-year basis.Given the solid third-quarter results and improved line of sight for the full year, Armstrong World raised its 2024 guidance for adjusted EBITDA, adjusted EPS and adjusted free cash flow.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nMasco Corporation (MAS) : Free Stock Analysis Report\nArmstrong World Industries, Inc. (AWI) : Free Stock Analysis Report\nJames Hardie Industries PLC. (JHX) : Free Stock Analysis Report\nTopBuild Corp. (BLD) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2483856969"}