Nov 9 (Reuters) - James Hardie Industries (JHX) on Tuesday raised its fiscal 2022 earnings forecast for a second time this year as it counts on strong demand for its fibre cement products from a booming U.S. housing market.
The world's largest fibre cement maker now expects full-year adjusted net operating profit to be between $580 million and $600 million, up from its previous forecast of $550 million and $590 million.
The Dublin-based firm also posted a 38% jump in its first-half adjusted net operating profit, which came in at $289.1 million. (https://bit.ly/3BWouAm)
News: JHX James Hardie lifts fiscal 2022 profit forecast
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Last
$40.17 |
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-1.140(2.76%) |
Mkt cap ! $17.30B | |||
| Open | High | Low | Value | Volume |
| $40.55 | $40.58 | $40.00 | $19.36M | 480.9K |
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| JHX (ASX) Chart |