Quanex Building Products Announces Second Quarter 2019 Results

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Quanex (NX) Tops Q2 EPS by 7c, Revenues Miss

June 4, 2019 4:18 PM EDT

Quanex (NYSE: NX) reported Q2 EPS of $0.19, $0.07 better than the analyst estimate of $0.12. Revenue for the quarter came in at $218.2 million versus the consensus estimate of $220.41 million.

Bill Griffiths, Chairman, President and Chief Executive Officer, stated, We performed well during the second quarter from an operational standpoint and realized margin expansion in all segments, including an almost 400 basis point increase in our European Fenestration segment. On a consolidated basis, we realized margin expansion of... More