Quanex Building Products (NX) News Today

Quanex Building Products Corporation (NYSE: NX) received a mixed earnings-estimate update from Sidoti on September 10. The revisions provide some support for the stock, particularly through higher near-term and long-term projections, but cuts to several 2027 estimates may limit upside. The shares have been trading higher and remain near their 12-month high.

• Positive Sentiment: Sidoti raised its FY2026 EPS forecast to $1.82 from $1.77, above the current consensus estimate of $1.77. Its Q4 2026 estimate also increased to $0.79 from $0.74, suggesting improved expectations for near-term profitability. Quanex Building Products analyst estimates
• Positive Sentiment: The analyst lifted its Q3 2027 EPS forecast to $0.87 from $0.83 and expects FY2028 EPS of $2.34. The longer-term forecast implies earnings growth beyond the current fiscal year and may support the investment case. Quanex Building Products analyst estimates
• Neutral Sentiment: Sidoti initiated or reiterated estimates of $0.38 EPS for Q2 2027, a $0.12-per-share loss for Q1 2028, $0.44 EPS for Q2 2028 and $0.95 EPS for Q3 2028. These forecasts indicate seasonal volatility, including a projected loss in early 2028. Quanex Building Products analyst estimates
• Negative Sentiment: Sidoti reduced its FY2027 EPS forecast to $2.05 from $2.25, cut Q2 2027 EPS to $0.38 from $0.46 and lowered Q4 2027 EPS to $0.99 from $1.03. These downward revisions point to weaker expected earnings momentum during 2027. Quanex Building Products analyst estimates

Overall, the update is mixed but modestly favorable near term: higher 2026 estimates and strong 2028 projections are constructive, while the sizable FY2027 reduction signals execution and demand risks that could weigh on the stock.