Apogee Enterprises, Inc. ($APOG) 2Q21 Earnings Sneak Peek

Apogee Enterprises, Inc. (NASDAQ:APOG) designer and developer of glass solutions, is reporting second quarter earnings results on Thursday 17th September 2020, before market open.

The consensus estimates from Thomson Reuters are income of $ 0.30 per share from $ 314.73 million in revenue.

For the full year, analysts predict revenues of $ 1282.52 million, while looking forward to income of $ 1.76 per share.

Previous Quarter Performance

Apogee Enterprises, Inc. unfold income for the first quarter of $ 0.15 per share, from the revenue of $ 289.10 million. The quarterly earnings shrunk 74.14 percent while revenues down 18.65 percent compared with the same quarter last year.
Wall street analysts are predicting, APOG to report 1Q21 income of $ 0.20 per share from revenue of $ 304.52 million. The bottom line results missed street analysts by $ 0.05 or 25 percent, at the same time, top line results fell short of analysts by $ 15.42 million or 5.06 percent.

Stock Performance

Shares of Apogee Enterprises, Inc. traded up $ 0.94 or 4.75 percent on Wednesday, reaching $ 20.73 with volume of 506.90 thousand shares. Apogee Enterprises, Inc. has traded high as $ 20.86 and has cracked $ 19.83 on the downward trend

According to the previous trading day, closing price of $ 20.73, representing a 43.72 % increase from the 52 week low of $ 13.77 and a 57.33 % decrease over the 52 week high of $ 46.38.

The company has a market capital of $ 546.37 million and is part of the Basic Materials sector and Building Materials industry.

Recent Stock Dividend Announcement

On June 25, 2020, the board of directors authorized quarterly dividend of $ 0.1875 per share to holders of record as of the close of business on July 14, 2020, with payment date of July 29, 2020 and ex-dividend date on July 13, 2020.

Conference Call

Apogee Enterprises, Inc. will be hosting a conference call at 9:00 AM eastern time on 17th September 2020, to discuss its 2Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.apog.com

Apogee Enterprises, Inc. designs and develops glass and metal products and services in the United States, Canada, and Brazil. The company operates in four segments: Architectural Framing Systems, Architectural Glass, Architectural Services, and Large-Scale Optical Technologies (LSO).