James Hardie (JHX) Crushes Guidance and Raises Its Full Year Outlook The latest earnings report from James Hardie Industries is a stark reminder that even in today's challenging economic environment, some companies can thrive.
The Australian building materials giant has raised its full year outlook for the third time this year, thanks to a combination of organic growth and integration synergies from its transformative AZEK Exteriors acquisition.
The numbers are impressive: net sales increased 64% year over year, adjusted EBITDA soared 79%, and both figures comfortably exceeded original guidance.