Quanex (NX) Reports In-Line Q3 EPS

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Go back to Quanex (NX) Reports In-Line Q3 EPS

Imperial Capital Raises Price Target on Quanex (NX) Following 3Q15 EPS Beat

September 10, 2015 6:57 AM EDT

Imperial Capital reiterated an Outperform rating on Quanex Building Products (NYSE: NX), and raised the price target to $23.00 (from $22.00), following the company's 3Q14 earnings results. Adjusted EPS totaled $0.28, above consensus of $0.21. Revenue of $180.21M missed consensus of $186.78M.

Analyst Scott Levine commented, "NX affirms high end of prior... More