Quanex Building Prods Q2 2024 Adj EPS $0.66 Beats $0.53 Estimate, Sales $266.200M Beat $262.950M Estimate
Portfolio Pulse from Benzinga Newsdesk
Quanex Building Products (NYSE:NX) reported Q2 2024 adjusted EPS of $0.66, beating the $0.53 estimate. Sales were $266.2M, surpassing the $262.95M estimate but down 2.68% from last year.
June 06, 2024 | 8:15 pm
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Quanex Building Products reported Q2 2024 adjusted EPS of $0.66, beating the $0.53 estimate by 24.53%. Sales were $266.2M, surpassing the $262.95M estimate but down 2.68% YoY.
Quanex Building Products' Q2 2024 earnings and sales both exceeded analyst estimates, which is likely to have a positive short-term impact on the stock price. However, the year-over-year sales decline may temper some of the enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100