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Stock impact report

Quanex Building Products Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next [Yahoo! Finance]

Quanex Building Products Corporation (NX) 
Last quanex building products corporation earnings: 12/11 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.quanex.com
Company Research Source: Yahoo! Finance
It was overall a positive result, with revenues beating expectations by 3.0% to hit US$239m. Quanex Building Products also reported a statutory profit of US$0.19, which was an impressive 58% above what the analysts had forecast. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year. See our latest analysis for Quanex Building Products Taking into account the latest results, Quanex Building Products' three analysts currently expect revenues in 2024 to be US$1.10b, approximately in line with the last 12 months. Statutory earnings per share are forecast to reduce 8.8% to US$2.41 in the same period. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$1.09b and earnings per share Show less Read more
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