Apogee Enterprises Surges After Strong Q2 Results and Raised FY25 Guidance

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 ...