(Reuters) - Quanex raised the bottom of its full year earnings per
share forecast, citing expectations for an improving automotive
outlook and some new programs for its building group.
Net income fell to $32.8 million, or 84 cents per share, in
its second quarter ended April 30, from $42.8 million, or $1.07
per share, a year earlier. Net sales rose 2.4 percent to $519.4
million.
Read more at Reuters.com Market News
share forecast, citing expectations for an improving automotive
outlook and some new programs for its building group.
Net income fell to $32.8 million, or 84 cents per share, in
its second quarter ended April 30, from $42.8 million, or $1.07
per share, a year earlier. Net sales rose 2.4 percent to $519.4
million.
Read more at Reuters.com Market News
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