Quanex Building Products Announces Third Quarter 2020 Results and Provides Updated Full Year 2020 Guidance

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Quanex (NX) Tops Q3 EPS by 26c, Revenues Beat

September 3, 2020 4:20 PM EDT

Quanex (NYSE: NX) reported Q3 EPS of $0.34, $0.26 better than the analyst estimate of $0.08. Revenue for the quarter came in at $212.1 million versus the consensus estimate of $185.47 million.

Balance Sheet & Liquidity Remain StrongRepaid $78 Million of Bank DebtOver 50% Increase in Cash Provided by OperationsMargin Expansion Realized in EU Fenestration... More