James Hardie (NYSE:JHX) shares fell 3.2% in U.S. trading after the company released its figures on material incentives and targets, which appear to diverge noticeably from market expectations, according to Citi.
The building materials manufacturer’s reported numbers showed a clear departure from what analysts had projected, though Citi did not provide further details on the exact nature of the discrepancies.
Citi emphasized the contrast between the company’s reported incentives and targets versus what market analysts had collectively anticipated.
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