Quanex Building Products rises on Q3 results beat

Quanex Building Products

02/09/2022 15:17

** Shares of Quanex Building Products Corp  NX.N  up 1.2% at
$22.18 in morning trading
    ** NX on Thursday posted a near 16% rise in Q3 revenue to
$324 mln, above ests of $300.5 mln, according to Refinitiv data
    ** Co said growth in revenue was mostly due to inflationary
cost of raw material  urn:newsml:reuters.com:*:nGNX1Qhf2g
    ** On an adj. basis, co earned 79 cents/share vs. ests of 61
cents/share
    ** Stock down 

    

 (Reporting by Tiyashi Datta in Bengaluru)
 ((tiyashi.datta@thomsonreuters.com))