James Hardie IndustriesNYSE: JHX

James Hardie's outlook contrasts rival siding company Louisana-Pacific's outlook. Both companies are attractive stocks to play a housing market recovery, but that will require a lower interest rate environment.

James Hardie Industries plc (NYSE:JHX ) Q4 2024 Results Conference Call May 20, 2024 7:00 PM ET Company Participants Aaron Erter - Chief Executive Officer Rachel Wilson - Chief Financial Officer Conference Call Participants Keith Chau - MST Lee Power - UBS Harry Saunders - E&P Andrew Scott - Morgan Stanley Brook Campbell-Crawford - Barrenjoey Daniel Kang - CLSA Shaurya Visen - Bank of America Simon Thackray - Jefferies Sam Seow - Citi Operator Thank you for standing by, and welcome to the James Hardie Q4 FY '24 Results Call. [Operator Instructions] There will be a presentation followed by a question-and-answer session.

James Hardie sales were a little short of expectations in the most recent quarter. The company expects the overall market to underperform in 2023.

SYDNEY & CHICAGO--(BUSINESS WIRE)--James Hardie Industries plc (ASX: JHX; NYSE: JHX), today announced results for its fourth quarter ending 31 March 2024. Full Year Fiscal Year 2024 Highlights, Compared to Fiscal Year 2023, as applicable: Record Net Sales of US$3,936.3 Million, up 4% Record Adjusted EBITDA of US$1,125.8 Million, with an Adjusted EBITDA margin of 28.6% Record Adjusted EBIT of US$940.8 Million, with an Adjusted EBIT margin of 23.9% Record Adjusted Net Income of US$707.5 Million,.

James Hardie Industries plc (ASX: JHX; NYSE: JHX) will release its financial results for the fourth quarter and full year ending on 31 March 2024 on the ASX before the market opens on Tuesday, 21 May 2024. The Company will hold a conference call at 9:00am Australian Eastern Time (AEST) on that morning. For participants in North America, the conference call will begin at 7:00pm Eastern Time (ET) on Monday, 20 May. Register for the teleconference here: https://s1.c-conf.com/diamondpass/10038119-h.

James Hardie beat on the top and bottom line, but the stock sold off anyway. The company's guidance was conservative, and there was no buyout talk.

James Hardie (JHX) closed the most recent trading day at $37.89, moving +0.88% from the previous trading session.

CHICAGO & SYDNEY--(BUSINESS WIRE)--James Hardie Industries plc (ASX: JHX; NYSE: JHX) will announce financial results, for its third quarter ended 31 December 2023, on the ASX before market on Tuesday, 13 February 2024. The Company will host a conference call that morning at 9:00am Australian Eastern Time (AEDT). For those in North America the conference call will commence at 5:00pm Eastern Time (ET), Monday 12 February. Teleconference Registration: https://s1.c-conf.com/diamondpass/10035780-hf7.

Here is how James Hardie (JHX) and Lennar (LEN) have performed compared to their sector so far this year.