Apogee Enterprises: Fiscal 1Q Earnings Snapshot
MINNEAPOLIS (AP) _ Apogee Enterprises Inc. (APOG) on Thursday reported fiscal first-quarter earnings of $15.4 million.
On a per-share basis, the Minneapolis-based company said it had net income of 58 cents.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 53 cents per share.
The glass products company posted revenue of $355.4 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $324.8 million.
Apogee Enterprises expects full-year earnings in the range of $3 to $3.20 per share.
Apogee Enterprises shares have increased 32% since the beginning of the year. The stock has declined roughly 9% in the last 12 months.