Quanex Building Products Fiscal Q1 Adjusted Earnings Fall, Sales Rise; Fiscal 2025 Outlook Maintained

MT Newswires Live
11 Mar

Quanex Building Products (NX) reported fiscal Q1 adjusted earnings late Monday of $0.19 per diluted share, compared with $0.25 a year earlier.

Four analysts polled by FactSet expected a $0.01 loss.

Net sales for the quarter ended Jan. 31 was $400 million, compared with $239.2 million a year earlier.

Four analysts polled by FactSet expected $382.1 million.

For fiscal year 2025, the company reiterated its revenue forecast of $1.84 billion to $1.86 billion. Four analysts polled by FactSet are looking for $1.85 billion.

Shares of the company were up 1.6% in recent after-hours activity.

Price: 20.75, Change: +0.33, Percent Change: +1.62

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