James Hardie: Fiscal Q2 Earnings Snapshot

DUBLIN (AP) — DUBLIN (AP) — James Hardie Industries PLC (JHX) on Thursday reported fiscal second-quarter profit of $151 million.

On a per-share basis, the Dublin-based company said it had profit of 26 cents. Earnings, adjusted for one-time gains and costs, came to 42 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 35 cents per share.

The fiber cement maker posted revenue of $1.43 billion in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $1.4 billion.

For the current quarter ending in December, James Hardie said it expects revenue in the range of $1.06 billion to $1.14 billion.

The company expects full-year revenue in the range of $4.99 billion to $5.13 billion.

_____

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