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James Hardie: Fiscal Q1 Earnings Snapshot
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DUBLIN (AP) — DUBLIN (AP) — James Hardie Industries PLC (JHX) on Thursday reported fiscal first-quarter net income of $104.3 million.

On a per-share basis, the Dublin-based company said it had net income of 18 cents. Earnings, adjusted for one-time gains and costs, came to 36 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 32 cents per share.

The fiber cement maker posted revenue of $1.47 billion in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $1.46 billion.

For the current quarter ending in September, James Hardie said it expects revenue in the range of $1.49 billion to $1.58 billion.

The company expects full-year revenue in the range of $5.56 billion to $5.72 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JHX at https://www.zacks.com/ap/JHX

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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