RTTNews | Dec 17, 2021 10:43AM EST

10:42 Friday, December 17, 2021 (RTTNews.com) - Shares of Quanex Building Products Corporation (NX) are up more than 7% Friday morning after reporting better-than-expected fourth-quarter earnings.

The company reported net income of $20.9 million or $0.62 per share compared with $22.2 million or $0.68 per share in the same quarter a year ago. Analysts polled by Thomson Reuters expected the company to report earnings of $0.53 per share.

Sales for the quarter increased to $291.8 million from $255.4 million last year.

NX, currently at $24.08, has traded in the range of $20.32- $29.02 in the last 52 weeks.

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