Apogee Enterprises Inc reports results for the quarter ended February 28 - Earnings Summary

• Apogee Enterprises Inc APOG.OQ reported quarterly adjusted earnings of 89 cents​​ per share for the quarter ended February 28, lower than the same quarter last year, when the company reported EPS of $1.14. The mean expectation of four analysts for the quarter was for earnings of 88 cents per share. Wall Street expected results to range from 84 cents to 90 cents per share.

• Revenue fell 4.5% to $345.69 million from a year ago; analysts expected $332.91 million.

• Apogee Enterprises Inc's reported EPS for the quarter was 11 cents​.

• The company reported quarterly net income of $2.49 million.

• Apogee Enterprises Inc shares had fallen by 0.9% this quarter and lost 35.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged 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," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the construction supplies & fixtures peer group is also "buy"

• Wall Street's median 12-month price target for Apogee Enterprises Inc is $66.50

This summary was machine generated from LSEG data April 24 at 02:30 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)