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Quanex (NX)
NYSE:NX
Earnings Data
Report Date
Jun 05, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.48Last Year’s EPS
0.66Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 10, 2025
|% Change Since: -13.47%
|Next Earnings Date:Jun 05, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant revenue growth and strong adjusted EBITDA performance driven by the Timon acquisition and synergy realization. However, the company faced challenges such as a reported net loss, declining sales in key segments, and macroeconomic uncertainties affecting consumer confidence. Despite these challenges, the company's strategic initiatives and synergy efforts provide a positive outlook.Company Guidance
During the first quarter 2025 earnings call for Quanex Building Products Corporation, the guidance was reaffirmed based on several key metrics and expectations. The company reported consolidated net sales of $400 million, a 67% increase year-over-year, driven by the Timon acquisition completed in August 2024. Despite a net loss of $14.9 million for the quarter, adjusted net income was $9 million, with an adjusted EBITDA of $38.5 million, reflecting a significant margin expansion. The company aims to achieve $30 million in run rate synergies from the Timon acquisition by the end of year two, with a focus on integrating the businesses and reorganizing into three segments: Hardware Solutions, Extruded Solutions, and Custom Solutions. The reaffirmed full-year guidance projects net sales of $1.84 to $1.86 billion and adjusted EBITDA of $270 to $280 million, with expectations for a seasonal revenue increase of 9% to 11% in the second quarter and adjusted EBITDA margin expansion of 350 to 400 basis points.Significant Revenue Increase
Quanex Building Products Corporation reported net sales of $400 million during the first quarter of 2025, representing an increase of approximately 67% compared to $239.2 million for the same period of 2024. This was primarily driven by the Timon acquisition.
Strong Adjusted EBITDA Growth
Adjusted EBITDA for Q1 2025 nearly doubled to $38.5 million from $19.3 million during the same period last year, equating to adjusted EBITDA margin expansion of approximately 150 basis points year-over-year.
Synergy Realization
The company is on track to meet its publicly announced target of $30 million in run rate synergies from the Timon acquisition by the end of year two, with additional synergies being explored.
Record Safety Performance
Quanex achieved record safety performance in the first quarter along with improvements in service and quality metrics.
Debt Repayment
Since the Timon acquisition, Quanex has repaid $65 million in debt, reducing its leverage ratio to 2.2 times.
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NX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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NX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 10, 2025 | $20.34 | $18.46 | -9.24% |
| Dec 12, 2024 | $28.71 | $28.04 | -2.33% |
| Sep 05, 2024 | $24.62 | $29.99 | +21.81% |
| Jun 06, 2024 | $30.09 | $31.28 | +3.95% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Quanex (NX) report earnings?
Quanex (NX) is schdueled to report earning on Jun 05, 2025, TBA Not Confirmed.
What is Quanex (NX) earnings time?
Quanex (NX) earnings time is at Jun 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NX EPS forecast?
NX EPS forecast for the fiscal quarter 2025 (Q2) is 0.48.
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