James Hardie Industries (NYSE:JHX) Releases Earnings Results, Beats Expectations By $0.01 EPS

James Hardie Industries (NYSE:JHX) posted its quarterly earnings data on Tuesday. The construction company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.35 by $0.01, Briefing.com reports. James Hardie Industries had a net margin of 11.16% and a return on equity of 36.30%. The firm had revenue of $960.80 million during the quarter, compared to analyst estimates of $973.49 million. During the same quarter in the previous year, the business posted $0.41 EPS. James Hardie Industries’s revenue was down 3.8% on a year-over-year basis.

James Hardie Industries Price Performance

Shares of JHX stock opened at $35.17 on Friday. The company has a market capitalization of $15.10 billion, a PE ratio of 34.82, a price-to-earnings-growth ratio of 3.93 and a beta of 1.76. James Hardie Industries has a 12 month low of $29.88 and a 12 month high of $43.57. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.94 and a quick ratio of 1.44. The firm’s 50-day moving average is $35.67 and its two-hundred day moving average is $34.41.

Analyst Ratings Changes

A number of research firms have recently weighed in on JHX. JPMorgan Chase & Co. upgraded shares of James Hardie Industries from a “neutral” rating to an “overweight” rating in a research note on Wednesday, November 6th. StockNews.com lowered James Hardie Industries from a “buy” rating to a “hold” rating in a research note on Tuesday.

About James Hardie Industries

James Hardie Industries plc manufactures and sells fiber cement, fiber gypsum, and cement bonded building products for interior and exterior building construction applications primarily in the United States, Australia, Europe, New Zealand, and the Philippines. The company operates through North America Fiber Cement, Asia Pacific Fiber Cement, and Europe Building Products segments.