04.06.2018 22:19:40
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Quanex Building Products Corp. Q2 adjusted earnings Beat Estimates
(RTTNews) - Quanex Building Products Corp. (NX) announced a profit for its second quarter that increased from last year.
The company's earnings totaled $4.1 million, or $0.12 per share. This compares with $1.5 million, or $0.04 per share, in last year's second quarter.
Excluding items, Quanex Building Products Corp. reported adjusted earnings of $4.8 million or $0.14 per share for the period.
Analysts had expected the company to earn $0.13 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 2.4% to $214.2 million from $209.1 million last year.
Quanex Building Products Corp. earnings at a glance:
-Earnings (Q2): $4.8 Mln. vs. $3.8 Mln. last year. -EPS (Q2): $0.14 vs. $0.11 last year. -Analysts Estimate: $0.13 -Revenue (Q2): $214.2 Mln vs. $209.1 Mln last year.
-Guidance: Full year revenue guidance: $890 - $900 Mln
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