Apogee Enterprises' Fiscal Q2 Adjusted Earnings Rise, Net Sales Fall; Lifts Adjusted Fiscal 2025 EPS Guidance

MT Newswires Live10-04 18:31

Apogee Enterprises (APOG) reported fiscal Q2 adjusted earnings Friday of $1.44 per diluted share, up from $1.36 a year earlier.

Three analysts polled by Capital IQ expected $1.23.

Net sales for the quarter ended Aug. 31 were $342.4 million, compared with $353.7 million a year earlier.

Three analysts polled by Capital IQ expected $335.6 million.

The company raised its adjusted fiscal 2025 EPS outlook to a range of $4.90 to $5.20 from its previous forecast of $4.65 to $5.00, while maintaining its expectations for a net sales decline of 4% to 7%. Three analysts polled by Capital IQ expect adjusted EPS of $4.83 on revenue of $1.34 billion.

Price: 68.75, Change: +0.32, Percent Change: +0.47

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