Analysts Estimate Quanex Building Products (NX) to Report a Decline in Earnings: What to Look Out for

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Quanex Building Products despite higher revenues, with a focus on how actual results compare to estimates impacting stock price [1][2]. Earnings Expectations - The upcoming earnings report is expected to show a quarterly loss of $0.06 per share, reflecting a year-over-year change of -133.3%, while revenues are projected to be $381.2 million, an increase of 59.4% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has been revised 4% lower in the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate aligns with the Zacks Consensus Estimate, resulting in an Earnings ESP of 0%, which complicates predictions of an earnings beat [10][11]. Historical Performance - Quanex has a history of beating consensus EPS estimates, having done so in the last four quarters, including a +15.09% surprise in the last reported quarter [12][13]. Stock Movement Factors - An earnings beat or miss may not solely dictate stock movement, as other factors can influence investor sentiment [14].