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James Hardie Industries plc (JHX) Tops Q1 EPS by 2c; offers guidance

August 13, 2024 10:29 AM

James Hardie Industries plc (NYSE: JHX) reported Q1 EPS of $0.41, $0.02 better than the analyst estimate of $0.39. Revenue for the quarter came in at $992 million versus the consensus estimate of $997 million.

GUIDANCE

Q2 FY25 Guidance

North American volumes to be in the range of 705 million to 735 million standard feet
North American EBIT margin to be in the range of 27.5% to 29.5%
Adjusted Net Income to be in the range of $135 million to $155 million

Full Year FY25 Guidance

North American Volumes: 2.95 to 3.15 billion standard feet (unchanged)
North American EBIT Margin: 29% to 31% (unchanged)
Adjusted Net Income: $630 million to $700 million (unchanged)
Capital Expenditures: $500 million to $550 million (unchanged)

Note: Total Adjusted Net income guidance for the full year FY25 assumes $25 million to $29 million of adjusted net interest expense and a 23.0% to 24.5% adjusted effective tax rate.

For earnings history and earnings-related data on James Hardie Industries plc (JHX) click here.

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Earnings