Apogee Enterprises (APOG) Set to Announce Quarterly Earnings on Thursday

Apogee Enterprises (NASDAQ:APOG) is set to release its earnings data before the market opens on Thursday, June 27th. Analysts expect Apogee Enterprises to post 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.Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Apogee Enterprises (NASDAQ:APOG) last issued its quarterly earnings results on Thursday, April 18th. The industrial products company reported $1.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.97 by $0.17. The business had revenue of $361.80 million during the quarter, compared to analyst estimates of $337.84 million. Apogee Enterprises had a net margin of 7.03% and a return on equity of 23.84%. The business’s revenue was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.86 earnings per share. On average, analysts expect Apogee Enterprises to post $5 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Apogee Enterprises Stock Up 0.6 %

Shares of NASDAQ:APOG opened at $60.76 on Tuesday. The company has a current ratio of 1.47, a quick ratio of 1.18 and a debt-to-equity ratio of 0.13. The company has a fifty day simple moving average of $63.13 and a 200 day simple moving average of $57.88. The firm has a market cap of $1.34 billion, a PE ratio of 13.47 and a beta of 1.05. Apogee Enterprises has a 12-month low of $41.01 and a 12-month high of $67.92.

Apogee Enterprises Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 25th. Shareholders of record on Wednesday, July 10th will be paid a dividend of $0.25 per share. The ex-dividend date is Wednesday, July 10th. This represents a $1.00 annualized dividend and a yield of 1.65%. Apogee Enterprises’s payout ratio is 22.17%.

Insider Buying and Selling at Apogee Enterprises

In other news, Director Lloyd Emerson Johnson sold 24,000 shares of the business’s stock in a transaction on 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 completion of the transaction, the director now owns 260 shares of the company’s stock, valued at $16,413.80. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. In related news, CEO Ty R. Silberhorn sold 10,679 shares of the company’s stock in a transaction dated Thursday, May 2nd. The shares were sold at an average price of $63.10, for a total value of $673,844.90. Following the completion of the sale, the chief executive officer now owns 110,806 shares of the company’s stock, valued at $6,991,858.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Lloyd Emerson Johnson sold 24,000 shares of the company’s stock in a transaction dated Thursday, May 2nd. The stock was sold at an average price of $63.13, for a total transaction of $1,515,120.00. Following the completion of the sale, the director now directly owns 260 shares of the company’s stock, valued at approximately $16,413.80. The disclosure for this sale can be found here. Insiders sold a total of 77,252 shares of company stock worth $4,786,214 over the last 90 days. Insiders own 2.00% of the company’s stock.

Apogee Enterprises Company Profile

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).