UPDATE 1-Quanex cuts 2007 earnings outlook


(Adds detail on costs, segment outlook) NEW YORK, Oct 29 (Reuters) - Quanex Corp , a maker of materials and components for the auto and home construction industries, cut its 2007 earnings estimate on Monday, citing additional costs not included in its earlier forecast. Quanex expected 2007 earnings from continuing operations of $3.30 to $3.35 per share, down from its earlier estimate of $3.38 to $3.46 per share. Analysts had forecast earnings of $3.48 before special items, according to ...

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