Apogee Enterprises Inc expected to post earnings of $1.10 a share - Earnings Preview

Apogee Enterprises

19/12/2023 14:33

* Apogee Enterprises Inc  APOG.OQ   APOG.O  is expected
to show a
fall in quarterly revenue when it reports  results on December
21 for the period ending August 31 2023
    * The Minneapolis Minnesota-based  company is expected to
report a
1.9% decrease in revenue to $360.977 million from $367.85
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Apogee Enterprises Inc
is for
earnings of $1.10 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Apogee
Enterprises Inc is $54.50​, above​ its last closing price
of $50.83. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Aug. 31 2023  1.11        1.12       1.36      Beat    21.4
 May. 31 2023  0.90        0.90       1.05      Beat    16.3
 Feb. 28 2023  0.84        0.83       0.86      Beat    3.1​
 Nov. 30 2022  0.97        0.97       1.07      Beat    10.2
 ​​Aug.        0.83        0.83       1.06      Beat    28.4
 31 2022                                                
 May. 31 2022  0.54        0.56       1.00      Beat    77.9​
 Feb. 28 2022  0.72        0.72       0.91      Beat    27.2
 Nov. 30 2021  0.53        0.53       0.63      Beat    18
 This summary was machine generated December 19 at 14:32 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)