NX Overview

Astera Labs Options Activity: Astera Labs Inc (ALAB) has seen a significant options volume of 35,512 contracts today, equating to about 3.6 million underlying shares, which is 53.7% of its average daily trading volume over the past month.

High Volume Call Option for ALAB: The $180 strike call option expiring on December 19, 2025, has particularly high activity, with 1,172 contracts traded, representing approximately 117,200 underlying shares.

Quanex Building Products Options Activity: Quanex Building Products Corp (NX) has recorded an options volume of 4,029 contracts today, representing around 402,900 underlying shares, or 51.9% of its average daily trading volume.

High Volume Call Option for NX: The $15 strike call option expiring on December 19, 2025, has seen notable trading with 2,258 contracts, which corresponds to approximately 225,800 underlying shares.

Company Performance: Quanex Building Products reported a profit in its fiscal fourth quarter, marking a significant turnaround for the small-cap manufacturing company.

Stock Market Reaction: Following the positive earnings report, shares of Quanex Building Products experienced their largest same-day percentage increase in nearly 17 years.

Earnings Report: Quanex Building Products Corp. reported fourth quarter earnings of 83 cents per share, significantly surpassing the analyst estimate of 52 cents, and quarterly revenue of $489.8 million, exceeding expectations of $470.74 million.

Stock Performance: Following the earnings announcement, Quanex's stock surged by 22.41%, reaching $18.46 in extended trading.

CEO's Statement: CEO George Wilson highlighted the successful integration of Tyman and the re-segmentation of the company's structure, while acknowledging the challenges posed by the macroeconomic environment.

Future Guidance: Wilson indicated that it would be premature to provide official guidance for fiscal 2026 at this time, with plans to revisit guidance during the first quarter earnings report.

Earnings Performance: Quanex Building Products reported quarterly earnings of $0.83 per share, exceeding the Zacks Consensus Estimate of $0.50, and showing a year-over-year increase from $0.61 per share. The company has surpassed consensus EPS estimates three out of the last four quarters.

Revenue Insights: The company generated revenues of $489.85 million for the quarter, surpassing the Zacks Consensus Estimate by 3.78%, although this reflects a slight decline from $492.16 million in the previous year. Quanex has also topped revenue estimates in four of the last four quarters.

Stock Outlook: Despite the recent earnings beat, Quanex shares have declined by about 40.2% year-to-date, contrasting with the S&P 500's 17.1% gain. The stock currently holds a Zacks Rank #3 (Hold), indicating expected performance in line with the market.

Industry Context: The Building Products - Miscellaneous industry is currently ranked in the bottom 43% of Zacks industries, suggesting potential challenges ahead. Investors are advised to monitor earnings estimate revisions and industry outlooks, as these factors can significantly impact stock performance.

Broadcom Inc. Earnings Forecast: Broadcom Inc. (AVGO) is expected to report earnings of $1.49 per share for the quarter ending October 31, 2025, reflecting a 19.20% increase year-over-year, despite recent negative earnings surprises.

Costco Wholesale Corporation Earnings Forecast: Costco (COST) anticipates earnings of $4.26 per share for the quarter ending November 30, 2025, indicating an 11.52% increase compared to the previous year, although it missed earnings expectations earlier in 2025.

lululemon athletica inc. Earnings Forecast: lululemon (LULU) is projected to report earnings of $2.22 per share for the quarter ending October 31, 2025, representing a 22.65% decrease from last year, despite consistently beating expectations in the past year.

Other Companies' Earnings Forecasts: Companies like RH, Quanex Building Products, Mitek Systems, and Comtech Telecommunications are also set to report earnings, with varying forecasts and trends, including decreases in earnings per share for some.