Shares of building products company Quanex jumped 21.1% in afternoon trading after the company reported second-quarter 2026 results that beat Wall Street expectations. Revenue came in at $501.8 million, surpassing the consensus estimate of $497.3 million, while adjusted diluted earnings per share of $0.79 exceeded the forecast of $0.66 by 20.2%. Operating margin rose to 9.3%, and free cash flow reached $47.81 million. CEO George Wilson said the company made progress addressing a price-versus-cost imbalance that had pressured margins earlier in the year, noting that macroeconomic inflationary pressure had somewhat subsided. Quanex shares are up 48.3% year-to-date and hit a new 52-week high of $22.80.
Quanex Building ProductsQuanex beat Q2 2026 revenue and EPS estimates with improved operating margin and free cash flow.
Harbin Electric