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Recap: Quanex Building Prods Q1 Earnings

Author: Benzinga Insights | March 07, 2024 05:45pm

Quanex Building Prods (NYSE:NX) reported its Q1 earnings results on Thursday, March 7, 2024 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Quanex Building Prods beat estimated earnings by 64.0%, reporting an EPS of $0.18 versus an estimate of $0.11.

Revenue was down $22.76 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.25 which was followed by a 11.0% drop in the share price the next day.

Here's a look at Quanex Building Prods's past performance:

Quarter Q4 2023 Q3 2023 Q2 2023 Q1 2023
EPS Estimate 0.70 0.65 0.41 0.23
EPS Actual 0.95 0.97 0.66 0.18
Revenue Estimate 291.01M 289.28M 270.43M 261.89M
Revenue Actual 295.49M 299.64M 273.54M 261.92M

To track all earnings releases for Quanex Building Prods visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: NX

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