James Hardie (JHX) Surges on Expected 35% Net Sales Growth

Core Viewpoint - James Hardie Industries plc (NYSE:JHX) is experiencing significant growth, with a projected 34 to 35 percent increase in net sales for Q2 FY2026, indicating strong performance in the siding and trim segment [1][2][3]. Financial Performance - The company anticipates net sales between $1.29 billion and $1.3 billion, compared to $961 million in the same period last year, reflecting a substantial year-on-year growth [2]. - Adjusted EBITDA is expected to range from $326 million to $331 million, representing a growth of 23.9 percent to 25.8 percent from $263 million year-on-year [3]. Management Commentary - CEO Aaron Erter expressed optimism regarding the preliminary results, noting improvements in the siding and trim segment and indicating that further updates on full-year guidance will be provided during the second quarter earnings call in November [3]. Upcoming Announcements - The official results for the second quarter are scheduled to be announced on November 18 [4].