NX Earnings Prediction
The chart below shows how NX performed 10 days before and after its earnings report, based on data from the past quarters. Typically, NX sees a +1.53% change in stock price 10 days leading up to the earnings, and a -0.70% change 10 days following the report. On the earnings day itself, the stock moves by -0.12%. This data can give you a slight idea of what to expect for the next quarter's release.
NX Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
492.16M
66.56%
75.56%
Gross Margin
18.23%
-21.73%
-14.73%
Operating Margin
0.58%
-95.66%
-93.06%
Net Margin
-2.83%
-130.53%
-131.31%
EPS
-0.30
-136.14%
-138.96%
No Data Available
NX Earnings Analysis
Quanex Building Products Corporation Corporation (NX.N) Earnings Conference Call
Positive
Quarterly Net Sales Surge: On a consolidated basis, we reported net sales of $493.2 million during the fourth quarter of 2024, which represents an increase of approximately 67% compared to $295.5 million for the same period of 2023.
Net Sales Increase: We reported net sales of $1.28 billion for the fully year, which represents an increase of approximately 13% compared to $1.13 billion for 2023.
Tyma Acquisition Impact: The increases were primarily driven by the contribution from the Tyma acquisition that closed on August 1, 2024.
Record Adjusted EBITDA Growth: We reported adjusted EBITDA increased by 14.3% to $182.4 million, which is a new record for Quanex, compared to $159.6 million in 2023.
North American Sales Decline: We generated net sales of $172 million in our North American Fenestration segment for the fourth quarter of 2024, a decrease of 4.7% compared to $180.5 million in the fourth quarter of 2023.
Negative
Net Loss Comparison: We reported a net loss of $13.9 million or $0.30 per diluted share during the three months ended, October 31, 2024, compared to a net income of $27.4 million or $0.83 per diluted share during the three months ended, October 31, 2023.
Net Income Decline: For the full year 2024, we reported net income of $33.1 million or $0.90 per diluted share compared to $82.5 million or $2.50 per diluted share for the full year 2023.
Net Sales Decline Analysis: Excluding the contribution from Tyma, net sales would have declined by 2.3% for the fourth quarter of 2024 and 5% for the full year, largely due to lower volume.
Net Loss Comparison: We reported a net loss of $13.9 million or $0.30 per diluted share during the three months ended, October 31, 2024, compared to a net income of $27.4 million or $0.83 per diluted share during the three months ended, October 31, 2023.
North American Sales Decline: We reported net sales of $172 million in our North American Fenestration segment for the fourth quarter of 2024, a decrease of 4.7% compared to $180.5 million in the fourth quarter of 2023.
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NX Earning Call Sentiment
Quanex Building Products Corporation (NX) Q4 2024 Earnings Call Transcript
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NX.N
-2.44%Positive
The earnings call presents mixed signals. While there is a significant increase in net sales due to the Tyman acquisition, there is also a net loss in Q4 2024. The Q&A section reveals confidence in achieving synergies but highlights concerns over demand trends and pricing headwinds. The guidance aligns with expectations, and management's strategic plans seem solid, but the unclear response about incremental margins raises uncertainties. Given these factors, the stock price reaction is likely to be neutral, with no strong catalyst for significant movement.
