Earnings Outlook For Apogee Enterprises

Earnings Outlook For Apogee Enterprises

Apogee Enterprises APOG is set to give its latest quarterly earnings report on Thursday, 2022-04-07. Here's what investors need to know before the announcement.

Analysts estimate that Apogee Enterprises will report an earnings per share (EPS) of $0.71.

Apogee Enterprises bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

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).

Historical Earnings Performance

Last quarter the company beat EPS by $0.10, which was followed by a 3.87% increase in the share price the next day.

Here's a look at Apogee Enterprises's past performance and the resulting price change:

Quarter Q3 2022 Q2 2022 Q1 2022 Q4 2021
EPS Estimate 0.53 0.55 0.36 0.56
EPS Actual 0.63 0.53 0.42 0.63
Price Change % 3.87% 0.16% 12.21% 3.57%

Quarter Q3 2022 Q2 2022 Q1 2022 Q4 2021
EPS Estimate 0.53 0.55 0.36 0.56
EPS Actual 0.63 0.53 0.42 0.63
Price Change % 3.87% 0.16% 12.21% 3.57%

Stock Performance

Shares of Apogee Enterprises were trading at $46.93 as of April 05. Over the last 52-week period, shares are up 32.7%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all upcoming earnings announcements, click here to use Benzinga Earnings Calendar.

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

Posted In: BZI-EPEarnings