Quanex Building Products Corp. Q4 adjusted earnings Miss Estimates

(RTTNews) - Quanex Building Products Corp. (NX) released a profit for fourth quarter that dropped from last year.

The company's profit totaled $6.5 million, or $0.19 per share. This compares with $10.7 million, or $0.31 per share, in last year's fourth quarter.

Excluding items, Quanex Building Products Corp. reported adjusted earnings of $7.6 million or $0.22 per share for the period.

Analysts had expected the company to earn $0.43 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.8% to $244.1 million from $233.0 million last year.

Quanex Building Products Corp. earnings at a glance:

-Earnings (Q4): $7.6 Mln. vs. $13.1 Mln. last year. -EPS (Q4): $0.22 vs. $0.37 last year. -Analysts Estimate: $0.43 -Revenue (Q4): $244.1 Mln vs. $233.0 Mln last year.