Quanex Building Products Fiscal Q1 Adjusted Earnings Flat, Sales Decline-March 2024-www.financetom.com

Quanex Building Products Fiscal Q1 Adjusted Earnings Flat, Sales Decline

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Quanex Building Products Fiscal Q1 Adjusted Earnings Flat, Sales Decline

Mar 7, 2024 2:27 PM

05:00 PM EST, 03/07/2024 (MT Newswires) -- Quanex Building Products ( NX ) posted fiscal Q1 adjusted earnings late Thursday of $0.18 per diluted share, flat from a year ago.

Analysts polled by Capital IQ expected $0.11.

Net sales for the quarter that ended Jan. 31 was $239.2 million, down from $261.9 million a year earlier.

Analysts surveyed by Capital IQ expected $232.1 million.

The company expects fiscal 2024 net sales of about $1.1 billion. Analysts polled by Capital IQ expect $1.09 billion.

Price: 34.77, Change: -0.04, Percent Change: -0.11

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