BUZZ-Quanex Building Products jumps after Q4 beat

Reuters12-12 19:09
BUZZ-<a href="https://laohu8.com/S/NX">Quanex Building Products</a> jumps after Q4 beat

** Quanex shares NX.N surge about 25% to $18.8 premarket

** Construction supplies manufacturer posts Q4 profit of $0.83/ share, beating analyst estimates of $0.53/ share

** Q4 rev of $489.8 mln, above est. of $470.7 mln

** Attributes strength to foreign exchange gains, tariff pass-throughs and improved pricing in custom solutions unit

** NX stock down 37.7% YTD, as of last close

(Reporting by Tharuniyaa Lakshmi in Bengaluru)

((tharuniyaa@thomsonreuters.com))

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