Quanex Building Prods (NYSE:NX) is gearing up to announce its quarterly earnings on Thursday, 2024-12-12. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Quanex Building Prods will report an earnings per share (EPS) of $0.56.
The market awaits Quanex Building Prods's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Earnings History Snapshot
The company's EPS beat by $0.03 in the last quarter, leading to a 21.84% increase in the share price on the following day.
Here's a look at Quanex Building Prods's past performance and the resulting price change:
| Quarter | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.70 | 0.54 | 0.11 | 0.70 |
| EPS Actual | 0.73 | 0.66 | 0.18 | 0.95 |
| Price Change % | 22.0% | 4.0% | -2.0% | -11.0% |
Stock Performance
Shares of Quanex Building Prods were trading at $28.86 as of December 09. Over the last 52-week period, shares are down 16.83%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.
To track all earnings releases for Quanex Building Prods visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
