Quanex set to report earnings, analysts predict 60% revenue growth, but company has missed estimates before.

From Barchart: 2025-03-09 08:01:19

Quanex (NYSE:NX) is set to report earnings tomorrow after the market closes. Last quarter, the company met revenue expectations with $492.2 million, up 66.6% year on year. Analysts predict a 60% revenue growth to $382.6 million this quarter. Despite the positive outlook, Quanex has missed revenue estimates twice in the past two years. Peers like Owens Corning and Trex have already reported their Q4 results, with Owens Corning seeing a 23.3% revenue growth and Trex reporting a 14.4% decline. Generative AI is expected to impact large corporations, making semiconductor stocks like Quanex appealing for investors.



Read more at Barchart: Quanex (NX) Reports Q4 Results Tomorrow