02:30 PM EDT, 08/20/2025 (MT Newswires) -- (Updates with recent stock movement in the first paragraph and headline.)

James Hardie Industries ( JHIUF ) shares were down nearly 36% in recent Wednesday trading after the company reported late Tuesday lower fiscal Q1 results that fell short of analyst expectations.

The company reported fiscal Q1 adjusted earnings of $0.29 per diluted share, down from $0.41 a year earlier.

Analysts polled by FactSet expected $0.33.

Net sales for the quarter ended June 30 were $899.9 million, down from $991.9 million a year earlier.

Analysts expected $952.7 million.

Price: 18.17, Change: -10.27, Percent Change: -36.11