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Why Did James Hardie’s Shares Drop 28% Despite Meeting Q1 Earnings Expectations?

1:09am on Saturday 30th of August, 2025 AEST Building Materials
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Why Did James Hardie’s Shares Drop 28% Despite Meeting Q1 Earnings Expectations?

1:09am on Saturday 30th of August, 2025 AEST
Key Points
  • Q1 FY26 earnings aligned with market consensus despite no formal guidance
  • FY26 revenue guidance revised downward by 13-16% post AZEK acquisition
  • New segment reporting introduced reflecting combined James Hardie and AZEK businesses
  • Company confirms compliance with ASX continuous disclosure obligations
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