Wedbush Reiterates Outperform on Quanex (NX) Following 2Q Report

Go back to Wedbush Reiterates Outperform on Quanex (NX) Following 2Q Report

Imperial Capital Reiterates Outperform on Quanex (NX) Following 2Q Earnings Report

June 2, 2016 7:16 AM EDT

Imperial 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

After-Hours Stock Movers 05/31: (ZOES) (BYD) (SRPT) Higher; (ADPT) (ASNA) (UA) (BABA) Lower (more...)

May 31, 2016 5:55 PM EDT

Today's After-Hours Movers:

Adeptus Health Inc. (NYSE: ADPT) 8.3% LOWER; announced the offering of 2,750,000 shares of its Class A common stock, of which 1,843,162 shares are to be sold by the Company, and 906,838 shares are to be sold by an affiliate of Sterling Partners (the "Selling Stockholder"). The Company intends to use all of the net proceeds from the offering received by it to purchase, for cash, 1,843,162 limited liability company units of Adeptus Health LLC, its direct subsidiary, from certain of the unit holders of Adeptus Health LLC, including... More

Quanex (NX) Tops Q2 EPS by 1c, Updates FY Guidance

May 31, 2016 4:21 PM EDT

Quanex (NYSE: NX) reported Q2 EPS of $0.10, $0.01 better than the analyst estimate of $0.09. Revenue for the quarter came in at $229.5 million versus the consensus estimate of $228.86 million.

GUIDANCE:

Quanex sees FY2016 EPS of $0.78-$0.87, versus the consensus of $0.83. Quanex sees... More