The Traderszone Network

Published in TZ Latest News 7 September, 2017 by The TZ Newswire Staff

Why NCI Building Systems Inc’s Shares Plunged 22% Today

Shares of NCI Building Systems Inc (NYSE: NCS) plunged as much as 22.2% on Thursday after reporting fiscal third-quarter earnings that fell well short of expectations. Revenue did rise 1.5% in the quarter to $469.4 million, but net income fell from $23.7 million a year ago to $18.2 million, or $0.27 per share on an adjusted basis.

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