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Earnings To Watch: Quanex (NX) Reports Q4 Results Tomorrow
Quanex (NYSE: NX) is set to report its Q4 results this Thursday after market close. The company beat revenue expectations last quarter, and analysts expect a 1.4% year-on-year revenue growth for the upcoming quarter. Investor sentiment in the home construction materials segment is positive, with Quanex’s stock performing well and an average analyst price target significantly above its current share price.