earnings
confidence high
sentiment negative
materiality 0.75
Quanex Q1 net loss narrows to $4.1M; FY2026 EBITDA guidance $240-245M
Quanex Building Products CORP
2026-Q1 EPS reported
-$0.09
revenue$409,089,000
- Net sales $409.1M (+2.3% YoY); adjusted diluted EPS ($0.01) vs $0.19 prior year.
- Adjusted EBITDA $27.4M (6.7% margin) vs $38.5M (9.6%) on lower volumes and higher costs.
- FY2026 guidance: Net sales $1.84-1.87B; Adjusted EBITDA $240-245M; expects improved H2.
- Leverage ratio 2.8x; liquidity $331.6M; $62.3M cash; $717.5M total debt.
- CEO cites macroeconomic headwinds but remains optimistic on pent-up demand.