Quanex Building Prods Q3 2024 Adj. EPS $0.73 Beats $0.70 Estimate, Sales $280.300M Beat $278.457M Estimate
Portfolio Pulse from Benzinga Newsdesk
Quanex Building Products reported Q3 2024 earnings per share of $0.73, surpassing the analyst estimate of $0.70. The company's sales were $280.3 million, also beating the expected $278.457 million, despite a 6.45% decrease from the previous year.
September 05, 2024 | 8:17 pm
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Quanex Building Products exceeded Q3 2024 earnings expectations with an EPS of $0.73 and sales of $280.3 million, despite a year-over-year sales decline.
Quanex Building Products reported better-than-expected earnings per share and sales figures for Q3 2024, which typically leads to a positive short-term impact on stock prices. However, the year-over-year sales decline may temper some investor enthusiasm.
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