Apogee Enterprises (NASDAQ:APOG) Posts Earnings Results, Beats Estimates By $0.08 EPS

Apogee Enterprises (NASDAQ:APOG) released its quarterly earnings results on Tuesday. The industrial products company reported $1.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.11 by $0.08, RTT News reports. The business had revenue of $341.30 million during the quarter, compared to the consensus estimate of $332.27 million. Apogee Enterprises had a return on equity of 24.12% and a net margin of 7.58%. The firm’s quarterly revenue was up .5% on a year-over-year basis. During the same period in the previous year, the company posted $1.23 EPS. Apogee Enterprises updated its FY 2025 guidance to 4.900-4.900 EPS.

Apogee Enterprises Stock Performance

Apogee Enterprises stock opened at $52.52 on Thursday. The stock has a market cap of $1.15 billion, a PE ratio of 11.06 and a beta of 1.04. The company has a quick ratio of 1.32, a current ratio of 1.65 and a debt-to-equity ratio of 0.12. Apogee Enterprises has a 12-month low of $51.15 and a 12-month high of $87.93. The business’s 50-day moving average price is $77.90 and its two-hundred day moving average price is $70.85.

Analyst Ratings Changes

A number of analysts have issued reports on APOG shares. StockNews.com downgraded shares of Apogee Enterprises from a “strong-buy” rating to a “buy” rating in a report on Thursday. DA Davidson lowered their price objective on Apogee Enterprises from $75.00 to $62.00 and set a “neutral” rating on the stock in a research note on Wednesday.

Apogee Enterprises Company Profile

Apogee Enterprises, Inc provides architectural products and services for enclosing buildings, and glass and acrylic products used for preservation, protection, and enhanced viewing in the United States, Canada, and Brazil. The company operates in four segments: Architectural Framing Systems, Architectural Glass, Architectural Services, and Large-Scale Optical (LSO).