Quanex Building Products Corp expected to post earnings of 61  cents a share - Earnings Preview

Quanex Building Products

30/08/2022 21:12

* Quanex Building Products Corp  NX.N   NX  is expected
to show a
rise in quarterly revenue when it reports  results on September
1. 
    * The Houston Texas-based  company is expected to report  a
7.4% increase in revenue to $300.456 million from $279.88
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Quanex Building
Products
Corp is for earnings of 61 cents per share. For the same quarter
last year, the company reported earnings of 42 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Quanex
Building
Products Corp is $33​, above​ its last closing price of $23.05.
​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Apr. 30 2022  0.42        0.43       0.80      Beat    84.3
 Jan. 31 2022  0.26        0.26       0.34      Beat    32.8
 Oct. 31 2021  0.53        0.53       0.62      Beat    16.5​
 Jul. 31 2021  0.42        0.44       0.42      Missed  -4.1
 ​​Apr.        0.30        0.30       0.43      Beat    44.3
 30 2021                                                
 Jan. 31 2021  0.07        0.06       0.27      Beat    321.9​
 Oct. 31 2020  0.46        0.46       0.67      Beat    45.7
 Jul. 31 2020  0.08        0.08       0.34      Beat    312.1
 This summary was machine generated August 30 at 20:12 GMT.  All
figures in US dollars  unless otherwise stated