Apogee(APOG)
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Apogee Enterprises: Market Is Too Conservative On Glass Segment Margins, Resulting In Undervaluation
Seeking Alpha· 2024-10-17 06:48
Editor's note: Seeking Alpha is proud to welcome ABI Invest as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. I have over 15 years of experience investing and have provided research services to mid-sized hedge funds with assets under management between $100 and $500 million. I also have had a brief stint as a sell-side analyst. I am now focusing primar ...
Apogee Gains From Cost-Cutting Actions & Solid Order Trends
ZACKS· 2024-10-10 16:06
Apogee Enterprises, Inc. (APOG) has been benefiting from the strong performance of its Architectural Services segment, which is gaining from an improved pricing and product mix. The company’s strong project pipeline and recent order trends bode well.Apogee's ongoing efforts to reduce costs and enhance productivity are expected to bolster margins in the coming quarters. Let us dig deeper into the factors that are driving this stock.APOG’s Solid Segmental Performances Bode WellApogee’s Architectural Services ...
Are You Looking for a Top Momentum Pick? Why Apogee Enterprises (APOG) is a Great Choice
ZACKS· 2024-10-09 17:02
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...
Apogee Surpasses Earnings Estimates in Q2, Hikes FY25 Outlook
ZACKS· 2024-10-07 16:20
Apogee Enterprises, Inc. (APOG) reported record adjusted earnings per share (EPS) of $1.44 for second-quarter fiscal 2025 (ended Aug. 31, 2024), surpassing the Zacks Consensus Estimate of $1.20 per share. The bottom line increased 5.9% from the prior-year quarter.Including one-time items, earnings in the quarter under review were $1.40 per share compared with $1.52 in the prior-year quarter.Apogee generated revenues of $342 million in the quarter under review, down 3.2% from the year-ago quarter. This was m ...
Apogee Enterprises (APOG) Rallies on Raised Profit Guidance
Gurufocus· 2024-10-04 19:25
Apogee Enterprises (APOG, Financial) experienced a significant stock movement as its shares soared by 23.15%. This surge followed the company's strong second-quarter earnings performance and an upward revision of its full-year profit guidance despite a revenue decline. Apogee Enterprises, Inc. is recognized for its high-end framing, glass, and protective acrylic products serving non-residential markets. The company has strategically addressed challenges stemming from remote work trends and heightened intere ...
Why Apogee Rocketed 25% Higher Today
The Motley Fool· 2024-10-04 19:03
The architectural products and services company raised full-year EPS guidance even as revenue declined.Shares of architectural products and services company Apogee Enterprises (APOG 23.33%) rallied 25.5% on Friday, as of 2 p.m. ET.Apogee released second-quarter earnings today. Not only did the company beat expectations, but it also raised profit guidance for the rest of the year, even amid negative revenue growth. The news sent shares rallying to all-time highs.Management is enhancing profitabilityApogee ma ...
Apogee(APOG) - 2025 Q2 - Quarterly Report
2024-10-04 18:16
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _________________________________ FORM 10-Q _________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended August 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 0-6365 _________________________________ APOGEE ENTERPRISES, INC. (Exact nam ...
Apogee(APOG) - 2025 Q2 - Earnings Call Transcript
2024-10-04 15:59
Apogee Enterprises, Inc. (NASDAQ:APOG) Q2 2025 Earnings Conference Call October 4, 2024 9:00 AM ET Company Participants Jeff Huebschen - VP, IR Ty Silberhorn - CEO Matthew Osberg - CFO Conference Call Participants Brent Thielman - D.A. Davidson Julio Romero - Sidoti & Company Jon Braatz - KCCA Gowshi Sriharan - Singular Research Operator Good day and thank you for standing by. Welcome to the Q2 2025 Apogee Enterprises' Earnings Conference Call. [Operator Instructions] Please be advised today's conference is ...
Apogee Enterprises Surges After Strong Q2 Results and Raised FY25 Guidance
Gurufocus· 2024-10-04 15:14
Apogee Enterprises (APOG, Financial) saw a significant rise of 22% following its Q2 earnings report. The company delivered another impressive EPS beat, marking the sixth consecutive double-digit EPS surprise. Although revenue fell by 3.2% year-over-year to $342.4 million, it surpassed analysts' expectations for a more significant decline. Apogee also significantly increased its FY25 EPS guidance to $4.90-5.20, up from $4.65-5.00, while reaffirming its FY25 revenue guidance at a decline of 4% to 7%.- The rev ...
Apogee Enterprises Inc (APOG) Q2 Earnings: EPS of $1.
Gurufocus· 2024-10-04 10:31
On October 4, 2024, Apogee Enterprises Inc (APOG, Financial) released its 8-K filing for the fiscal 2025 second quarter, reporting a mixed performance with a notable improvement in operating margins despite a decline in net sales. The company, a leading provider of architectural products and services, reported a 3.2% decrease in net sales to $342 million, exceeding the estimated $335.29 million. However, it exceeded the estimated earnings per share (EPS) of $1.18, achieving a diluted EPS of $1.40 and an adj ...