Apogee Enterprises: Q2 Earnings Insights

Apogee Enterprises APOG reported its Q2 earnings results on Tuesday, September 20, 2022 at 06:00 AM.

Here's what investors need to know about the announcement.

Earnings

Apogee Enterprises beat estimated earnings by 27.71%, reporting an EPS of $1.06 versus an estimate of $0.83.

Revenue was up $46.31 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.44 which was followed by a 5.06% increase in the share price the next day.

Here's a look at Apogee Enterprises's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Apogee Enterprises management provided guidance for FY 2023, expecting earnings between $3.75 and $4.05 per share.

To track all earnings releases for Apogee Enterprises visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.