James Hardie Industries Q3 2024 Adj EPS $0.41 Beats $0.40 Estimate, Sales $978.30M Beat $963.95M Estimate
Portfolio Pulse from Benzinga Newsdesk
James Hardie Industries (JHX) reported Q3 2024 adjusted EPS of $0.41, surpassing the $0.40 estimate, with sales of $978.30M exceeding the $963.95M forecast. This represents a 13.65% increase in sales compared to the same period last year.
February 12, 2024 | 9:39 pm
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James Hardie Industries reported a Q3 2024 adjusted EPS of $0.41, beating estimates, and sales of $978.30M, also above forecasts.
Beating both EPS and sales estimates typically leads to positive investor sentiment and can result in a short-term stock price increase. The significant year-over-year sales growth further strengthens the case for a positive impact.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100