James Hardie Q1 FY27 GAAP net income rises to US$102-104 million; adjusted EBITDA climbs to US$399-407 million
JHX•Preliminary Q1 FY27 results above prior guidance
James Hardie flagged preliminary Q1 FY27 results above prior guidance, with consolidated net sales of US$1.449 billion-US$1.475 billion.
- GAAP net income totaled US$102 million-US$104 million.
- Non-GAAP adjusted EBITDA climbed to US$399 million-US$407 million.
- Siding & Trim net sales rose to US$846 million-US$860 million, with segment non-GAAP adjusted EBITDA of US$282 million-US$288 million.
- Deck, Rail & Accessories net sales were US$296 million-US$305 million; GAAP operating loss widened to US$3.1 million-US$3.3 million.
CEO comments on Siding & Trim and DR&A performance
CEO Aaron Erter cited stronger-than-anticipated Siding & Trim sales, with DR&A helped by channel inventory normalization and improved sell-through.
