Quanex Building Products Corp. Q2 Earnings Climb 34%

(RTTNews) - Quanex Building Products Corp. (NX) reported earnings for its second quarter that increased from last year.

The company said its bottom line climbed to $3.28 million, or $0.10 per share. This was higher than $2.45 million, or $0.07 per share, in last year's second quarter.

Analysts had expected the company to earn $0.09 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 61.6% to $229.46 million. This was up from $141.97 million last year.

Quanex Building Products Corp. earnings at a glance:

-Earnings (Q2): $3.28 Mln. vs. $2.45 Mln. last year. -Earnings Growth (Y-o-Y): 33.9% -EPS (Q2): $0.10 vs. $0.07 last year. -EPS Growth (Y-o-Y): 42.9% -Analysts Estimate: $0.09 -Revenue (Q2): $229.46 Mln vs. $141.97 Mln last year. -Revenue Change (Y-o-Y): 61.6%

-Guidance: Full year EPS guidance: $0.78 - $0.87 Full year revenue guidance: $965 - $975 Mln