Quanex Building Products (NX) Misses Q4 EPS by 16c; Guides FY13 EBITDA
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Quanex Building Products (NYSE: NX) reported Q4 EPS of $0.05, $0.16 worse than the analyst estimate of $0.21. Revenue for the quarter came in at $235 million versus the consensus estimate of $242.53 million.
The company believes once the economy returns to normal market conditions (defined by Quanex as 60 million U.S. window shipments as reported by Ducker and spread at Nichols returning to more normalized levels), earnings before interest, taxes, depreciation and amortization (EBITDA) will be approximately $135 million at EPG and $70 million at Aluminum Sheet Products before deducting corporate expenses.
For earnings history and earnings-related data on Quanex Building Products (NX) click here.
The company believes once the economy returns to normal market conditions (defined by Quanex as 60 million U.S. window shipments as reported by Ducker and spread at Nichols returning to more normalized levels), earnings before interest, taxes, depreciation and amortization (EBITDA) will be approximately $135 million at EPG and $70 million at Aluminum Sheet Products before deducting corporate expenses.
For earnings history and earnings-related data on Quanex Building Products (NX) click here.
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