Apogee Enterprises (APOG) Tops Q1 Earnings and Revenue Estimates

Core Viewpoint - Apogee Enterprises reported quarterly earnings of $0.56 per share, exceeding the Zacks Consensus Estimate of $0.50 per share, but down from $1.44 per share a year ago, indicating a significant decline in profitability [1][2] Financial Performance - The company achieved revenues of $346.62 million for the quarter ended May 2025, surpassing the Zacks Consensus Estimate by 7.08% and showing an increase from $331.52 million year-over-year [2] - Over the last four quarters, Apogee has exceeded consensus EPS estimates three times and topped revenue estimates twice [2] Stock Performance - Apogee Enterprises shares have declined approximately 44.5% since the beginning of the year, contrasting with the S&P 500's gain of 4.4% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating expectations of underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.65 on revenues of $334.37 million, and for the current fiscal year, it is $3.80 on revenues of $1.39 billion [7] - The trend of estimate revisions prior to the earnings release was unfavorable, which may impact future stock performance [6] Industry Context - The Glass Products industry, to which Apogee belongs, is currently ranked in the top 39% of over 250 Zacks industries, suggesting a relatively strong position within the market [8]