Quanex Building Products (NX) Misses Q3 Earnings Estimates

Company Performance - Quanex Building Products reported quarterly earnings of $0.69 per share, missing the Zacks Consensus Estimate of $0.85 per share, and down from $0.73 per share a year ago, representing an earnings surprise of -18.82% [1] - The company posted revenues of $495.27 million for the quarter ended July 2025, surpassing the Zacks Consensus Estimate by 1.35%, and up from $280.35 million year-over-year [2] - Over the last four quarters, Quanex has surpassed consensus EPS estimates three times and topped consensus revenue estimates four times [2] Stock Performance and Outlook - Quanex shares have lost about 17.1% since the beginning of the year, while the S&P 500 has gained 9.6% [3] - The company's earnings outlook will be crucial for future stock performance, with current consensus EPS estimate at $1.02 on $509.3 million in revenues for the coming quarter and $2.64 on $1.85 billion in revenues for the current fiscal year [4][7] - The estimate revisions trend for Quanex was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Building Products - Miscellaneous industry, to which Quanex belongs, is currently in the bottom 38% of over 250 Zacks industries, suggesting potential challenges ahead [8]