Quanex Building Products Corp reports results for the quarter ended in April - Earnings Summary

Quanex Building Products

01/06/2023 23:25

* Quanex Building Products Corp  NX.N  reported quarterly
adjusted
earnings of 66 cents​​ per share for the quarter ended in April.
The mean expectation of three analysts for the quarter was
for earnings of 41 cents per share.
    * Revenue fell 15.3% to $273.54 million from a year ago;
analysts
expected $270.43 million. 
    * Quanex Building Products Corp's reported EPS for the
quarter was
65 cents​.
    * The mean earnings estimate of analysts had fallen by
about 38.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Quanex Building Products Corp shares had fallen by 2.4%
this
quarter and lost 11.3% so far this year.
    * The company reported quarterly net income of $21.51
million.
    * Wall Street's median 12-month price target for Quanex
Building
Products Corp is $28.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data June
1 at 10:25 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Apr. 30 2023      0.41           0.66           Beat
 Jan. 31 2023      0.23           0.18           Missed
 Oct. 31 2022      0.60           0.75           Beat
 Jul. 31 2022      0.61           0.79           Beat