Quanex Building Products Corp reports results for the quarter ended January 31 - Earnings Summary

Reuters
11 Mar
<a href="https://laohu8.com/S/NX">Quanex Building Products</a> Corp reports results for the quarter ended January 31 - Earnings Summary
  • Quanex Building Products Corp NX.N reported quarterly adjusted earnings of 19 cents​​ per share for the quarter ended January 31, higher than the same quarter last year, when the company reported EPS of 18 cents. The mean expectation of four analysts for the quarter was for breakeven results per share. Wall Street expected results to range from -6 cents to 3 cents per share.

  • Revenue rose 67.3% to $400.04 million from a year ago; analysts expected $382.02 million.

  • Quanex Building Products Corp's reported EPS for the quarter was a loss of 32 cents​.

  • The company reported a quarterly loss of $14.89 million.

  • Quanex Building Products Corp shares had fallen by 16.6% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 103.1% in the last three months.​

  • In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

  • The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

  • The average consensus recommendation for the construction supplies & fixtures peer group is "buy."

Wall Street's median 12-month price target for Quanex Building Products Corp is $37.50

This summary was machine generated from LSEG data March 10 at 09:40 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Jan. 31 2025

0.00

0.19

Beat

Oct. 31 2024

0.56

0.61

Beat

Jul. 31 2024

0.71

0.73

Beat

Apr. 30 2024

0.53

0.66

Beat

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