earnings
confidence high
sentiment negative
materiality 0.72
Quanex Q2 net income falls 83% to $3.4M; adjusted EBITDA down 30% YoY
Quanex Building Products CORP
- Net sales $462.4M (+2.2% YoY); gross margin 25.5% vs 29.0% a year ago.
- Diluted EPS $0.07 (down from $0.44); adjusted diluted EPS $0.25 (down from $0.63).
- Adjusted EBITDA $44.2M (down 30% from $63.1M); margin 9.6% vs 14.0% YoY.
- Total debt $715.0M; leverage ratio 3.1x Net Debt to LTM Adjusted EBITDA.
- Company expects to recover price/cost shortfall in H2 2026 if inflation subsides.