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:
Quarter | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
---|---|---|---|---|
EPS Estimate | 0.56 | 0.71 | 0.53 | 0.55 |
EPS Actual | 1 | 0.91 | 0.63 | 0.53 |
Revenue Estimate | 328.59M | 323.33M | 314.62M | 315.39M |
Revenue Actual | 356.63M | 327.96M | 334.22M | 325.80M |
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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