James Hardie Industries posts Q2 adjusted net income of $248.5 million
JHX•James Hardie Industries reported Q2 adjusted net income of $248.5 million and sales of $1.428 billion. It reaffirmed FY27 sales and adjusted EBITDA guidance, raised its free cash flow target to more than $650 million, and forecast Q3 adjusted EBITDA of $298 million to $320 million.
1. Quarterly results and outlook
James Hardie Industries reported Q2 adjusted net income of $248.5 million and sales of $1.428 billion. The company reaffirmed FY27 net sales and adjusted EBITDA guidance, raised its FY27 free cash flow target to more than $650 million, and forecast Q3 adjusted EBITDA of $298 million to $320 million and net sales of $1.058 billion to $1.140 billion; it said the U.S. housing market remains challenging, particularly new construction.
