Quanex Building Products (NX)
NYSE:NX
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Earnings Data
Report Date
Sep 03, 2026After Close (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
0.64Last Year’s EPS
0.69Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Negative
The call shows operational resilience (modest consolidated revenue growth, stable extruded segment revenue, inventory reductions and clear pricing and operational actions) but is dominated by significant near-term challenges: sharp declines in reported and adjusted earnings, material gross margin compression (350 bps), sizable EBITDA declines (adjusted EBITDA down ~30% YoY) and weaker cash generation. Management is taking steps (price increases, make-to-order transition, working capital focus) and provided cautious Q3 guidance, but elevated inflation, logistics costs and geopolitical uncertainty have materially impaired profitability and prompted withdrawal of full-year guidance.Company Guidance
Modest Consolidated Revenue Growth
Net sales of $462.0M in Q2 FY26, up 2.2% versus $453M in Q2 FY25; growth driven by pricing (+~1.5%), tariff pass-throughs (~1%), and favorable foreign exchange (~+2.5%) despite estimated volume decline (~-3%).
Segment Revenue Stability in Extruded Solutions
Extruded Solutions revenue of $165M in Q2 FY26, roughly flat versus $164M prior year; pricing up ~1% and FX benefit ~+3.5%, adjusted EBITDA essentially flat at $30.4M versus $30.7M (~-1%).
Custom Solutions Pricing and Volume Mix
Custom Solutions revenue $104M (down 6.6% YoY) with volumes up ~1% and pricing up ~4.5%; benefited from reshoring/insourcing trends and takeaways of share in certain wood product lines.
Clear Operational Priorities and Pricing Actions
Company executing targeted price increases (mid-single-digit to low-teens, phased through Q3), shifting hardware from make-to-stock to make-to-order, pursuing working capital improvements and free cash flow generation to reduce leverage.
Liquidity and Leverage Position
Liquidity of $329M as of 4/30/26 (including $63.7M cash) and net debt / LTM adjusted EBITDA of 3.1x; management expects to generate cash in H2 and target lower net leverage by year-end.
Q3 Near-Term Outlook
For Q3 FY26 vs Q3 FY25 management expects consolidated revenue flat to +1% and adjusted EBITDA margin flat to +25 basis points; estimated tax rate ~24%.
Inventory and Working Capital Progress
Management reported meaningful improvement in inventory levels during Q2 and expects continued reduction, which should help cash flow in H2.
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
NX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jun 04, 2026 | $17.81 | $15.42 | -13.42% |
Mar 05, 2026 | $18.71 | $17.27 | -7.71% |
Dec 11, 2025 | $14.94 | $16.36 | +9.55% |
Sep 04, 2025 | $20.60 | $17.91 | -13.06% |
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.
FAQ
When does Quanex Building Products (NX) report earnings?
Quanex Building Products (NX) is schdueled to report earning on Sep 03, 2026, After Close (Confirmed).
What is Quanex Building Products (NX) earnings time?
Quanex Building Products (NX) earnings time is at Sep 03, 2026, After Close (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 2026 (Q3) is 0.64.
