How does NX's Q2 2025 EPS forecast compare to past trends?
4/6/2025 02:40pm
NX's Q2 2025 EPS forecast is not currently available. However, based on the information available, NX's recent performance shows a significant rise in net sales, driven primarily by the acquisition of Tyman. For the three months ended January 31, 2025, Quanex reported a 67.3% increase in net sales, reaching $400.0 million, compared to $239.2 million for the same period in 2024. Despite this significant growth, the company reported a net loss of $14.9 million, translating to a diluted EPS of ($0.32), compared to a net income of $6.2 million and a diluted EPS of $0.19 in the first quarter of 2024.
Looking at the EPS trend, Quanex has experienced a decline in EPS from the previous year's $0.19 to the current quarter's ($0.32). This indicates a challenging start to 2025 for Quanex, with demand remaining sluggish across many core markets due to factors such as the housing sector's slowdown, high interest rates, and inflationary pressures. However, the company remains optimistic about demand recovery in the second half of the fiscal year, fueled by improving consumer confidence, Fed rate cuts, and pent-up housing demand.