Cornerstone: Q2 Earnings Snapshot
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CARY, N.C. (AP) Cornerstone Building Brands, In (CNR) on Tuesday reported second-quarter profit of $8.9 million.
The Cary, North Carolina-based company said it had net income of 7 cents per share. Earnings, adjusted for one-time gains and costs, came to 67 cents per share.
The maker of products used in commercial buildings posted revenue of $1.4 billion in the period.
For the current quarter ending in October, Cornerstone said it expects revenue in the range of $1.39 billion to $1.44 billion.
Cornerstone shares have climbed 80% since the beginning of the year. The stock has more than doubled in the last 12 months.
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