The earnings call presented a balanced view with strong performance in adjusted EBITDA and successful strategic initiatives in key markets, but also highlighted significant challenges such as volume declines and difficult market conditions. The company's focus on long-term growth and strategic investments signals optimism despite short-term hurdles.
Company Guidance
In the James Hardie Q2 FY25 earnings call, the company reaffirmed its guidance, demonstrating strong financial performance despite challenging market conditions. The second quarter results included achieving over $0.5 billion in adjusted EBITDA, with a 27.4% adjusted EBITDA margin and $157 million in adjusted net income. North America achieved a 29% EBIT margin while shipping 717 million standard feet of volume, aligning with previous guidance. The company anticipates North American volumes for the full fiscal year to be at least 2.95 billion standard feet. They also adjusted their North American EBIT margin guidance range to start at 29.3% and increased the low end of their adjusted net income range to $635 million, despite raw material headwinds. Globally, net sales were just under $1 billion, a 4% decrease from the previous year, attributed largely to market conditions and strategic investments. The company continues to focus on outperformance and expects recovery in demand as market conditions improve, particularly in new construction and repair and remodel segments.
Strong Adjusted EBITDA Performance
Achieved over $0.5 billion of adjusted EBITDA in the first half of the year, down only low single digits from record performance in the previous year.
North America Business Achievements
Shipped 717 million standard feet of volume with a 29% EBIT margin in North America, solidly within the guidance ranges.
Successful Share Repurchase Program
Completed $300 million share repurchase program during the quarter.
Asia Pacific and Europe Performance
Delivered first half results consistent with expectations despite challenging markets, with Asia Pacific achieving a 36.5% EBITDA margin.
---
James Hardie (JHIUF) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
JHIUF Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 12, 2024
$27.73
$27.73
0.00%
Aug 12, 2024
$35.40
$34.90
-1.41%
May 20, 2024
$30.93
$30.93
0.00%
Feb 12, 2024
$38.06
$34.80
-8.57%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does James Hardie Industries plc (JHIUF) report earnings?
James Hardie Industries plc (JHIUF) is schdueled to report earning on Feb 18, 2025, TBA Not Confirmed.
What is James Hardie Industries plc (JHIUF) earnings time?
James Hardie Industries plc (JHIUF) earnings time is at Feb 18, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.