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Apogee Enterprises (APOG, Financial) saw a significant rise of 22% following its Q2 earnings report. The company delivered another impressive EPS beat, marking the sixth consecutive double-digit EPS surprise.
On October 4, 2024, Apogee Enterprises Inc (APOG, Financial) released its 8-K filing for the fiscal 2025 second quarter, reporting a mixed performance with a notable improvement in operating margins despite a decline in net sales. The company, a leading provider of architectural products and services, reported a 3.2% decrease in net sales to $342 million, exceeding the estimated $335.29 million.
MINNEAPOLIS--(BUSINESS WIRE)--APOGEE ENTERPRISES REPORTS FISCAL 2025 SECOND QUARTER RESULTS.
Apogee Enterprises Inc (APOG, Financial) is set to release its Q2 2025 earnings on Oct 4, 2024. The consensus estimate for Q2 2025 revenue is $335.29 million, and the earnings are expected to come in at $1.18 per share.
APOG inks a deal to acquire UW Solutions for $240 million in cash from Heartwood Partners.
MINNEAPOLIS--(BUSINESS WIRE)--Apogee Enterprises to Acquire UW Solutions.
Apogee Enterprises remains a 'buy' despite revenue drops, due to strong bottom line growth and attractive share pricing relative to peers. Recent financials show mixed results: revenue down 8.3% YoY, but net income up from $23.6M to $31M, driven by cost reductions and margin improvements. Project Fortify aims to save $12M-$14M annually through operational changes and phasing out low-margin products, already showing positive impact on profitability.
Xinyi Glass and Apogee have been highlighted in this Industry Outlook article.
MINNEAPOLIS--(BUSINESS WIRE)--Apogee Enterprises, Inc. (Nasdaq: APOG) will report its fiscal 2025 second quarter results on Friday, October 4, 2024, before the market opens. The Company will also host a conference call to discuss its financial results. This conference call will be webcast beginning at 8:00 a.m. Central Time, on October 4, 2024. Access to the webcast will be available through the Investors section of the Company's website at https://www.apog.com/events-and-presentations. For tho.
The Zacks Industry Rank for the Glass-Products industry paints a gloomy picture. Braving these headwinds are two stocks, XYIGF and APOG, which investors should keep an eye on.