Quanex (NX) Tops Q2 EPS by 1c, Updates FY Guidance
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Imperial Capital Reiterates Outperform on Quanex (NX) Following 2Q Earnings Report
June 2, 2016 7:16 AM EDTImperial Capital maintained an Outperform rating and $25.00 price target on Quanex Building Products (NYSE: NX) following the company's 2Q earnings report. Adjusted EPS of $0.10 for 2Q16 exceeded the consensus estimate of $0.08. Revenue exceeded Imperial's estimate by $5.5mn.
Analyst Scott Levine commented, "We are... More
Wedbush Reiterates Outperform on Quanex (NX) Following 2Q Report
June 1, 2016 8:31 AM EDTWedbush maintained an Outperform rating and $23.00 price target on Quanex Building Products (NYSE: NX) following the company's 2Q earnings report. NX reported revenue of $229.5 million ahead of the consensus estimate of $228.9 while adjusted EBITDA of $24.3 million topped $22.6 million estimate.
Analyst Al Kaschalk commented, "2Q adjusted EBITDA tops expectations while adjusted EPS... More
