Quanex (NX) Tops Q4 EPS by 8c
Quanex (NYSE: NX) reported Q4 EPS of $0.45, $0.08 better than the analyst estimate of $0.37. Revenue for the quarter came in at $249.2 million versus the consensus estimate of $249.47 million.
Bill Griffiths, Chairman, President and Chief Executive Officer, commented, “Our stated goals for fiscal 2016 were to expand margins, improve the leverage profile and refinance our debt. The dedication of our hard working employees allowed us to accomplish all of these goals, and we look forward to another successful year in 2017.”
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