Quanex Building Products Corp. Q3 adjusted earnings Miss Estimates

(RTTNews) - Quanex Building Products Corp. (NX) reported a profit for its third quarter that rose from last year.

The company's bottom line came in at $13.6 million, or $0.41 per share. This compares with $10.8 million, or $0.33 per share, in last year's third quarter.

Excluding items, Quanex Building Products Corp. reported adjusted earnings of $14.2 million or $0.42 per share for the period.

Analysts had expected the company to earn $0.44 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 32.0% to $279.9 million from $212.1 million last year.

Quanex Building Products Corp. earnings at a glance:

-Earnings (Q3): $14.2 Mln. vs. $11.1 Mln. last year. -EPS (Q3): $0.42 vs. $0.34 last year. -Analysts Estimate: $0.44 -Revenue (Q3): $279.9 Mln vs. $212.1 Mln last year.

-Guidance: Full year revenue guidance: $1.04-$1.06 bln