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

Quanex Building Products

09/03/2023 23:53

* Quanex Building Products Corp  NX.N  reported quarterly
adjusted
earnings of 18 cents​​ per share for the quarter ended in
January. The mean expectation of four analysts for the quarter
was for earnings of 23 cents per share.
    * Revenue fell 1.9% to $261.92 million from a year ago;
analysts
expected $261.89 million. 
    * Quanex Building Products Corp's reported EPS for the
quarter was
6 cents​.
    * The mean earnings estimate of analysts had fallen by
about 34.3%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates 
    * Quanex Building Products Corp shares had risen by 5.8%
this
quarter.
    * The company reported quarterly net income of $1.91
million.
    * Wall Street's median 12-month price target for Quanex
Building
Products Corp is $33.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 9 at 11:53 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 31 2023      0.23           0.18           Missed
 Oct. 31 2022      0.60           0.75           Beat
 Jul. 31 2022      0.61           0.79           Beat
 Apr. 30 2022      0.43           0.80           Beat