James Hardie (JHX) drops 4.4% in Sydney after the maker of several indispensable building...

|About: James Hardie Industries SE (JHX)|By:, SA News Editor

James Hardie (JHX) drops 4.4% in Sydney after the maker of several indispensable building products (hands up if you used HardieBacker for underlayment on your last tile project) beats earnings forecasts, but flags as "uncertain" the "extent and rate of improvement" of the U.S. housing market. With shares up 52% Y/Y, it's a good excuse to sell. (PR)