Published on 20 May 2024 on Zacks · via Yahoo Finance
Quanex (NX) Gears Up to Report Q2 Earnings: What's in Store?
Quanex Building Products Corporation NX is scheduled to report second-quarter fiscal 2024 results on Jun 6, after the closing bell.In the last reported quarter, the company’s earnings beat the Zacks Consensus Estimate by 50% and were flat year over year. Net sales also topped the consensus mark by 2.7% but decreased 8.7% year over year.
The Trend in Estimate Revision
For the quarter to be reported, the Zacks Consensus Estimate for earnings per share (EPS) remained stable at 53 cents in the past 60 days. The estimated figure indicates a 19.7% decline from the year-ago quarter’s level.