Update: Quanex Building Products Shares Rise After Q3 Beat
(Updates with recent stock movement in the headline and the first paragraph.)Quanex Building Products (NX) shares rose nearly 18% in Friday trading, a day after the company reported fiscal Q3 adjusted earnings and revenue that topped analysts' estimates.The company posted fiscal Q3 adjusted earnings of $0.79 per diluted share, up from $0.69 a year earlier.Four analysts polled by FactSet expected $0.66.Revenue for the quarter ended July 31 was $501.8 million, up from $495.3 million a year earlier.Four analysts expected $497.5 million.Price: $22.12, Change: $+3.36, Percent Change: +17.88%