Benzinga·2025-10-07 14:57Core Insights - U.S. stocks experienced a decline, with the Dow Jones index falling approximately 0.2% on Tuesday [1] - James Hardie Industries plc reported strong preliminary second-quarter FY26 results, projecting net sales between $1.29 billion and $1.30 billion, exceeding consensus estimates of $1.19 billion [1][2] - The company also anticipates adjusted EPS of 26 cents to 27 cents, significantly higher than the consensus of 16 cents [1][2] Financial Performance - James Hardie expects adjusted EBITDA to be in the range of $326 million to $331 million and adjusted net income between $151 million and $157 million [2] - As of September 30, the company's net debt was reported at $4.5 billion [2] Stock Movements - Shares of James Hardie Industries surged by 8.3%, closing at $21.76 on Tuesday following the positive earnings report [2] - Other notable stock movements included Trilogy Metals Inc. which saw a 220% increase to $6.69 due to a strategic investment by the U.S. government [4] - Datavault AI Inc. gained 34.4% to $2.7999, reaffirming its revenue guidance for the second half of 2025 [4]