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James Hardie Jumps as Preliminary Q2 Beats Estimates

Stronger Siding & Trim demand alongside early AZEK contribution drove the beat.

Overview

  • The company projected Q2 FY26 net sales of $1.29–$1.30 billion versus roughly $1.19 billion expected by analysts.
  • Guidance called for adjusted EPS of $0.26–$0.27 and adjusted EBITDA of $326–$331 million, with adjusted net income of $151–$157 million.
  • CEO Aaron Erter said Siding & Trim outperformed, with organic net sales only slightly lower year over year as distributors and dealers reduced inventories less than anticipated.
  • AZEK integration progressed with a positive contribution, including mid‑single‑digit sales and sell‑through growth in Deck, Rail & Accessories during the quarter.
  • Shares rose about 8% on Tuesday; net debt was $4.5 billion as of Sept. 30, and final second‑quarter results with a guidance update are scheduled for Nov. 18.