Apogee soars after lifting annual revenue and profit forecasts
BUZZ-Apogee soars after lifting annual revenue and profit forecasts ** Shares of glass products makers Apogee Enterprises APOG.O rise 19.1% to $42.50 premarket
** Co lifts FY27 revenue outlook to be in the range of $1.46 bln - $1.50 bln, up from $1.38 bln - $1.43 bln
** Also raises FY27 adj. EPS outlook to $3 - $3.40, from prior forecast of $2.70- $3.25
** Posts Q2 revenue of $391.14 mln up from $358.2 mln, a year ago
** Reports adj. EPS of $1.17 up from 98 cents, a year ago
** As of last close, stock down 2.1% YTD
(Reporting by Anand Gopal in Bengaluru)
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