Apogee Enterprises (APOG) Scheduled to Post Quarterly Earnings on Thursday

Apogee Enterprises (NASDAQ:APOG) is set to announce its earnings results before the market opens on Thursday, June 27th. Analysts expect the company to announce earnings of $1.12 per share for the quarter. Apogee Enterprises has set its FY 2025 guidance at 4.350-4.750 EPS and its FY25 guidance at $4.35-4.75 EPS.Investors that are interested in participating in the company’s conference call can do so using this link.

Apogee Enterprises (NASDAQ:APOG) last released its quarterly earnings data on Thursday, April 18th. The industrial products company reported $1.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.97 by $0.17. Apogee Enterprises had a net margin of 7.03% and a return on equity of 23.84%. The business had revenue of $361.80 million for the quarter, compared to analysts’ expectations of $337.84 million. During the same quarter last year, the company earned $0.86 EPS. The company’s revenue for the quarter was up 5.1% compared to the same quarter last year. On average, analysts expect Apogee Enterprises to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Apogee Enterprises Stock Down 0.3 %

APOG stock opened at $61.82 on Thursday. The stock has a market cap of $1.37 billion, a PE ratio of 13.71 and a beta of 1.05. The company has a quick ratio of 1.18, a current ratio of 1.47 and a debt-to-equity ratio of 0.13. The firm’s 50-day simple moving average is $62.83 and its 200 day simple moving average is $57.52. Apogee Enterprises has a fifty-two week low of $40.88 and a fifty-two week high of $67.92.

Apogee Enterprises Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 5th. Shareholders of record on Tuesday, May 21st were paid a dividend of $0.25 per share. The ex-dividend date was Monday, May 20th. This represents a $1.00 annualized dividend and a yield of 1.62%. Apogee Enterprises’s payout ratio is 22.17%.

Insider Buying and Selling at Apogee Enterprises

In other Apogee Enterprises news, Director Lloyd Emerson Johnson sold 24,000 shares of the firm’s stock in a transaction dated Thursday, May 2nd. The shares were sold at an average price of $63.13, for a total transaction of $1,515,120.00. Following the transaction, the director now owns 260 shares of the company’s stock, valued at approximately $16,413.80. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other news, Director Herbert K. Parker sold 15,728 shares of the firm’s stock in a transaction dated Tuesday, April 23rd. The shares were sold at an average price of $60.35, for a total transaction of $949,184.80. Following the completion of the transaction, the director now owns 8,636 shares in the company, valued at approximately $521,182.60. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Lloyd Emerson Johnson sold 24,000 shares of the firm’s stock in a transaction dated Thursday, May 2nd. The shares were sold at an average price of $63.13, for a total transaction of $1,515,120.00. Following the transaction, the director now owns 260 shares of the company’s stock, valued at approximately $16,413.80. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 77,252 shares of company stock valued at $4,786,214. Company insiders own 2.00% of the company’s stock.

About Apogee Enterprises

Apogee Enterprises, Inc provides architectural products and services for enclosing buildings, and glass and acrylic products used for preservation, protection, and enhanced viewing in the United States, Canada, and Brazil. The company operates in four segments: Architectural Framing Systems, Architectural Glass, Architectural Services, and Large-Scale Optical (LSO).