Apogee Enterprises Inc reports results for the quarter ended in February - Earnings Summary

Apogee Enterprises

18/04/2024 15:31

* Apogee Enterprises Inc  APOG.OQ  reported quarterly
adjusted
earnings of $1.14​​ per share for the quarter ended in February,
higher than the same quarter last year, when the company
reported EPS of 86 cents.  The mean expectation of four analysts
for the quarter was for earnings of $1.01 per share. Wall Street
expected results to range from $1.00  to $1.02 per share.
    * Revenue rose 5.2% to $361.84 million from a year ago;
analysts
expected $337.83 million. 
    * Apogee Enterprises Inc's reported EPS for the quarter was
71
cents​.
    * The company reported quarterly net income of $15.74
million.
    * Apogee Enterprises Inc shares had fallen by 5.5% this
quarter and gained 4.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the construction
supplies & fixtures peer group is  "hold."

Wall Street's median 12-month price target for Apogee
Enterprises Inc is $60.50 
This summary was machine generated from LSEG data April 18 at
02:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Feb. 29 2024      1.01           1.14           Beat
 Nov. 30 2023      1.10           1.23           Beat
 Aug. 31 2023      1.12           1.36           Beat
 May. 31 2023      0.90           1.05           Beat