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

Apogee Enterprises

21/12/2023 15:31

* Apogee Enterprises Inc  APOG.OQ  reported quarterly
adjusted
earnings of $1.23​​ per share for the quarter ended in November,
higher than the same quarter last year, when the company
reported EPS of $1.07.  The mean expectation of five analysts
for the quarter was for earnings of $1.10 per share. Wall Street
expected results to range from $1.06  to $1.13 per share.
    * Revenue fell 7.6% to $339.71 million from a year ago;
analysts
expected $360.98 million. 
    * Apogee Enterprises Inc's reported EPS for the quarter was
$1.23​.
    * The company reported quarterly net income of $26.97
million.
    * Apogee Enterprises Inc shares had risen by 10.0% this
quarter and gained 16.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.5%
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 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Apogee
Enterprises Inc is $54.50 

This summary was machine generated from LSEG data December 21 at
03:31 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
 Nov. 30 2023      1.10           1.23           Beat
 Aug. 31 2023      1.12           1.36           Beat
 May. 31 2023      0.90           1.05           Beat
 Feb. 28 2023      0.83           0.86           Beat