Quanex Building Products Corp. Reveals 16% Advance In Q2 Bottom Line

(RTTNews) - Quanex Building Products Corp. (NX) reported a profit for its second quarter that gained ground compared to the same period last year.

The company said its bottom line came in at $3.79 million, or $0.11 per share. This was up from $3.28 million, or $0.10 per share, in last year's second quarter.

Analysts had expected the company to earn $0.05 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 8.9% to $209.13 million. This was down from $229.46 million last year.

Quanex Building Products Corp. earnings at a glance:

-Earnings (Q2): $3.79 Mln. vs. $3.28 Mln. last year. -Earnings Growth (Y-o-Y): 15.5% -EPS (Q2): $0.11 vs. $0.10 last year. -EPS Growth (Y-o-Y): 10.0% -Analysts Estimate: $0.05 -Revenue (Q2): $209.13 Mln vs. $229.46 Mln last year. -Revenue Change (Y-o-Y): -8.9%