Quanex Building Products Corporation (NYSE:NX ) Q3 2024 Results Conference Call September 6, 2024 11:00 AM ET Company Participants Scott Zuehlke - SVP, CFO & Treasurer George Wilson - Chairman, President & CEO Conference Call Participants Steven Ramsey - TRG Julio Romero - Sidoti & Company Reuben Garner - Benchmark Adam Thalhimer - Thompson Davis Operator Good day, and thank you for standing by, and welcome to the Q3 2024 Quanex Building Products Corporation Earnings Conference Call. At this time, our participants are in the listen-only mode.
Quanex topped expectations for the quarter and raised full-year guidance. The company also recently completed a deal to broaden its geographical reach.
Quanex Building Products (NX) came out with quarterly earnings of $0.73 per share, beating the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.97 per share a year ago.
NX's fiscal third-quarter performance is likely to have been affected by soft demand and high costs.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
NEW YORK, NY / ACCESSWIRE / June 7, 2024 / Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Quanex Building Products Corporation (NYSE: NX ), relating to its proposed merger with Tyman plc.
Weaker market demand in European Fenestration and North American Cabinet Components segments hurt Quanex Building Products' (NX) second-quarter fiscal 2024 top line.
Quanex Building Products (NX) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.66 per share a year ago.
Quanex's (NX) fiscal second-quarter performance is likely to have ailed from soft demand and high costs.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.