Quanex Corp. announced that it expects to report record fiscal second quarter diluted earnings per share from continuing operations when results are announced on May 26, 2005. Diluted earnings per share from continuing operations are expected to be in the range of $1.80 to $1.85, compared to the $0.43 reported in the year-ago quarter.

The Vehicular Products segment expects to report record second quarter net sales and operating income compared to the year-ago quarter. Operating income for the segment is expected to be up significantly over the year-ago quarter due to strong operating rates, moderating scrap costs and higher selling prices. Benefits from the integration of MacSteel Monroe were also significant. The segment's primary drivers are North American light vehicle builds and heavy duty truck builds.

The Building Products segment also expects to report record net sales and operating income for the second quarter compared to a year ago. Weather conditions adversely impacted its door and window components operations, but excellent market conditions in the aluminum sheet business and the addition of Mikron Industries last December more than offset the impact. The segment's primary market drivers are housing starts and remodeling activity.