James Hardie (JHX) Stock Skyrockets on Surprise Q2 Beat – What Investors Need to Know
James Hardie Industries shares jumped over 10% to $22–$23 on October 7 after preliminary Q2 results beat estimates, with net sales projected at $1.29–$1.30 billion and adjusted EPS at $0.26–$0.27. The rally follows a steep August sell-off, as investors responded to signs of stabilizing demand and growth from the recent AZEK acquisition.
