06.09.2018 22:21:35

Quanex Building Products Corp. Q3 adjusted earnings Beat Estimates

(RTTNews) - Quanex Building Products Corp. (NX) reported earnings for its third quarter that increased from last year.

The company's profit came in at $10.8 million, or $0.31 per share. This compares with $10.2 million, or $0.29 per share, in last year's third quarter.

Excluding items, Quanex Building Products Corp. reported adjusted earnings of $11.6 million or $0.33 per share for the period.

Analysts had expected the company to earn $0.32 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.5% to $239.8 million from $229.4 million last year.

Quanex Building Products Corp. earnings at a glance:

-Earnings (Q3): $11.6 Mln. vs. $11.5 Mln. last year. -EPS (Q3): $0.33 vs. $0.33 last year. -Analysts Estimate: $0.32 -Revenue (Q3): $239.8 Mln vs. $229.4 Mln last year.

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Quanex Building Products Corp 22,00 3,77% Quanex Building Products Corp