Quanex Building Products Corp. Bottom Line Retreats 17% In Q4

(RTTNews) - Quanex Building Products Corp. (NX) revealed earnings for fourth quarter that retreated compared to the same period last year.

The company said its bottom line declined to $13.1 million, or $0.37 per share. This was down from $15.7 million, or $0.45 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.29 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 6.5% to $233.0 million. This was down from $249.2 million last year.

Quanex Building Products Corp. earnings at a glance:

-Earnings (Q4): $13.1 Mln. vs. $15.7 Mln. last year. -Earnings Decline (Y-o-Y): -16.6% -EPS (Q4): $0.37 vs. $0.45 last year. -EPS Decline (Y-o-Y): -17.8% -Analysts Estimate: $0.29 -Revenue (Q4): $233.0 Mln vs. $249.2 Mln last year. -Revenue Change (Y-o-Y): -6.5%

-Guidance: Full year revenue guidance: $890 - $900 Mln