Core Viewpoint - James Hardie Industries plc is under investigation for potential violations of federal securities laws, following a significant decline in its stock price due to disappointing financial results and concerns over sales driven by temporary inventory loading rather than sustainable demand [1][4]. Company Overview - James Hardie is a producer and marketer of high-performance fiber cement and fiber gypsum building solutions, primarily used in external siding for the residential building industry in the United States and Canada [2]. Financial Performance - In the fiscal Q1 2026, James Hardie reported a 12% decline in North American net sales, attributed to lower volumes as customers adjusted their inventory levels. This decline is expected to continue impacting sales in the upcoming quarters due to significant inventory destocking among channel partners [4]. Stock Market Reaction - Following the earnings report on August 19, 2025, James Hardie's stock price fell by $9.79 per share, a decrease of over 34%, dropping from $28.43 to $18.64 per share [4]. Investigation Context - The investigation stems from claims that the company's reported growth was misleading, as it appears that sales were inflated due to temporary inventory loading rather than genuine customer demand [3].

澳大利亚建筑材料制造商詹姆斯.哈迪工业公司(James Hardie Industries Plc)近日逆风不断，股价已连续 第二日重挫。本周，公司公布的第一财季业绩不及预期，叠加市场对美国住房市场担忧加剧，分析师纷 纷下调其目标价。 贾登证券(Jarden Securities)分析师罗汉.加拉格尔等人在报告中称，詹姆斯.哈迪的库存去化幅度是"最大 意外"。尽管管理层"极力强调"业绩基本符合预期，但他们补充道："我们从未见过市场环境发生如此迅 速的变化。" 该公司以87.5亿美元收购家用露台建材供应商AZEK公司的交易也正受到投资者审视。这笔交易是对美 国住房市场韧性及消费支出能力的重大押注，但自今年3月宣布以来，公司股价便一路暴跌。目前，詹 姆斯.哈迪在悉尼上市的股票已跌至两年多来的最低水平。 股价周四在悉尼市场一度下跌10%，此前多家券商已下调对其股价的预期。美东时间周三，该公司公布 的季度财报显示，营收下降9%至9.0亿美元，净利润同比下降60%至6260万美元，并警告北美地区维修 及新建住房需求仍面临挑战，导致股价当日暴跌28%，创下1973年11月以来最大单日跌幅;公司在美股 市场更是重挫34%。 ...

又有美股爆雷！ 当地时间周三（8月20日），全球最大纤维水泥产品制造商——詹姆斯哈迪（JHX）的股价暴跌超 34%，创1973年以来最大跌幅。此前，詹姆斯哈迪披露的财报显示，2026财年第一财季利润同比下降 29%。该公司警告称，北美市场的翻修和新建仍然面临挑战。 另外，硅谷大数据公司Palantir周三继续下跌，为连续第六个交易日下跌，其间累计跌幅超过16%。 Palantir最新股价报156美元。知名大空头、香橼研究公司的安德鲁·莱夫特表示，Palantir"脱离了基本 面"，其股价应该在40美元。 来看详细报道！ 股价暴跌，跌幅创52年新高 （原标题：见证历史！全球最大纤维水泥产品制造商暴跌超34%！） 家得宝首席财务官Richard McPhail在周二的电话财报会议上对分析师表示："我们的客户仍然告诉我 们，利率环境让他们暂停了通常需要债务融资的大型改造项目。" LOW周三表示，预计全年整体家居装修市场将保持平稳。LOW首席财务官Brandon Sink在公司电话财 报会议上表示："我们仍在应对一些短期挑战，包括抵押贷款利率上升、谨慎的消费者负担能力仍然是 导致我们所看到的锁定效应的压力点，以及低迷 ...

Core Viewpoint - The article highlights significant stock price declines for James Hardie and Palantir, indicating challenges in the construction materials and data analytics sectors due to market conditions and investor sentiment [1][3][5]. Group 1: James Hardie (JHX) - James Hardie's stock price plummeted over 34%, marking the largest drop since 1973, closing at $18.64 per share with a market capitalization of $8 billion [1][3]. - The company's latest financial report for Q1 of FY2026 showed a 9% year-over-year decline in net sales to $900 million and a 29% drop in adjusted net profit to $127 million, attributed to high borrowing costs and a bleak outlook for North American operations [3][4]. - CEO Aaron Erter noted that uncertainty is prevalent among customers and contractors, with weak market demand primarily due to a slowdown in single-family home activities, particularly in the southern U.S. [3][4]. Group 2: Palantir - Palantir's stock fell 1.1% to $156, marking its sixth consecutive day of decline, with a total drop of over 16% during this period [1][6]. - The company is experiencing its longest downturn since April 2024, with its stock down 18% from recent highs, causing it to drop out of the list of the 20 most valuable companies in the U.S. [7][8]. - Andrew Left from Citron Research criticized Palantir's valuation, suggesting it should be around $40 based on fundamentals, despite the company recently reporting its first $1 billion quarterly revenue, which exceeded Wall Street expectations [7][8].

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

James Hardie Industries (JHX) Q1 2026 Earnings Call August 19, 2025 06:00 PM ET Company ParticipantsJoe Ahlersmeyer - VP - Investor RelationsAaron Erter - CEORachel Wilson - Chief Financial OfficerPhilip Ng - Managing DirectorKeith Chau - Partner & Head - Basic Industrials ResearchRyan Merkel - Co-Group Head–IndustrialsKeith Hughes - MD - Sell Side Equity ResearchPeter Steyn - Managing DirectorConference Call ParticipantsLee Power - Equity Research AnalystTimothy Wojs - Senior Research AnalystOperatorI woul ...

Financial Data and Key Metrics Changes - Total net sales for Q1 2026 were $900 million, a 9% decline compared to the previous year, aligning with internal expectations [30] - Adjusted EBITDA for the quarter was $226 million, with a margin of 25.1%, reflecting a 21% decrease from the previous year's record [30] - Adjusted net income was $127 million, with adjusted diluted EPS at $0.29 per share [30] - Free cash flow increased by 88% to $104 million, driven by strong cash generation and moderating capital spending [30] Business Line Data and Key Metrics Changes - North American net sales decreased by 12%, primarily due to lower volumes, although average net sales price (ASP) increased by 3% year-over-year [31] - Legacy AZAC performed well, with mid single-digit sell-through growth in decking, railing, and accessories, contributing to strong margin performance [8] - North America adjusted EBITDA was $206 million, with a margin of 32.1%, down 400 basis points year-over-year due to lower volumes and raw material inflation [33] Market Data and Key Metrics Changes - The South region, particularly Florida and Georgia, experienced significant pressure, with single-family starts down approximately 25% since February [32] - Asia Pacific net sales declined by 10%, influenced by the cessation of operations in the Philippines, while EBITDA margin increased to 35.4% [35] - European net sales increased by 7%, driven by higher ASP, with EBITDA margin rising to 16% due to lower freight and raw material costs [37] Company Strategy and Development Direction - The integration of James Hardie and AZAC aims to create a leading provider of exterior home solutions, with a focus on material conversion opportunities [4][5] - The company is committed to outperforming market demand through strategic investments and a customer-focused approach [10][11] - Future growth is expected to be driven by new product launches and exclusivity agreements with homebuilders [14][28] Management's Comments on Operating Environment and Future Outlook - Management noted that demand in both repair and remodel and new construction in North America is challenging, with homeowners deferring large projects due to affordability issues [6] - The company anticipates a mid-single-digit decline in end market demand for the full year, adjusting expectations for softer demand in new construction [7] - Management expressed optimism about long-term growth potential, particularly through material conversion opportunities and strong partnerships with homebuilders [12][72] Other Important Information - The company is on track to achieve $125 million in cost synergies over three years, with over 50% of the target already realized [25] - Free cash flow for FY 2026 is expected to be at least $200 million, with total capital expenditures projected at approximately $400 million [41] - The company successfully completed a $1.7 billion debt financing, with a commitment to reduce net leverage to below two times within two years post-acquisition [44] Q&A Session Summary Question: Clarification on legacy North American fiber cement volume declines - Management acknowledged a 15% volume decline and discussed the impact of inventory destocking and single-family construction outlook [47][56] Question: Cost management strategies in light of demand challenges - Management highlighted ongoing cost control measures, including headcount freezes and operational efficiencies through the Hardie Operating System [57][59] Question: Inventory destocking impact and competitive standing - Management provided insights on inventory levels and emphasized the company's strong market position despite challenges in the South [63][70] Question: Single-family new construction trends - Management noted significant changes in single-family new construction estimates and the impact on guidance, emphasizing strong partnerships with homebuilders [78][80] Question: AZEK EBITDA contribution and outlook - Management discussed conservative growth assumptions for AZEK's deck rail and accessories segment, reflecting macroeconomic uncertainties [84][85] Question: Market share with major builders - Management expressed confidence in maintaining strong relationships with top homebuilders and highlighted the company's leading position in the market [88]

First Quarter FY26 Earnings Presentation Tuesday, August 19th For personal use only Investor Contact 1 Q1 FY26 EARNINGS PRESENTATION Q1 FY26 EARNINGS PRESENTATION Q1 FY26 EARNINGS PRESENTATION joe.ahlersmeyer@jameshardie.com For personal use only Cautionary Note and Use of Non -GAAP Measures This Earnings Presentation contains forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 . James Hardie Industries plc (the "Company") may from time to time make forward ...

Financial Results - James Hardie Industries plc is set to release its financial results for the first quarter on August 19, with expected earnings of 29 cents per share and projected revenue of $958.74 million, down from $991.9 million a year earlier [1] Stock Performance - Shares of James Hardie Industries fell by 0.4% to close at $28.90 on the previous Monday [2] Analyst Ratings - Jefferies analyst Philip Ng initiated coverage with a Buy rating and a price target of $34, while Baird analyst Timothy Wojs rated it Outperform with a price target of $32 [4] - William Blair analyst Ryan Merkel also rated it Outperform, and Truist Securities analyst Keith Hughes maintained a Buy rating but reduced the price target from $45 to $35 [4]

Core Insights - James Hardie Building Products Inc. partnered with the Pro Football Hall of Fame to present a new affordable home to a family in Canton, Ohio, as part of their charitable initiatives [1][2][4] Company Initiatives - The home was constructed with support from James Hardie as part of the charity impact from the inaugural James Hardie Pro Football Hall of Fame Invitational, a PGA TOUR Champions event [2][6] - James Hardie has funded five Habitat for Humanity projects as part of the tournament's charity initiatives in various locations including Canton and Palm Beach County [8] Product Information - The new home features Hardie® fiber cement siding in "Evening Blue," which is the company's 2025 Color of the Year, emphasizing durability and aesthetic appeal [7] Community Engagement - James Hardie has a long-standing relationship with Habitat for Humanity, supporting their mission to provide affordable housing and improve community stability [4][16] - The company has been involved in community support for over six decades, reflecting its commitment to local development and home ownership [9]