James Hardie Q4: Hold On To Your Position, But I Wouldn't Add More For Now
James Hardie Industries plc reported mixed results for Q4 and the full year, with a significant revenue increase but pressure on margins. The company's U.S. Siding & Trim volumes experienced an organic decline, impacting overall performance. Analysts suggest holding onto current positions but advise against adding more shares at this time.
- ▪James Hardie reported a 45% year-over-year increase in revenue for Q4.
- ▪Despite the revenue growth, the company missed estimates and faced margin pressures.
- ▪U.S. Siding & Trim volumes saw an organic decline, affecting overall group performance.
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