Apogee Enterprises Inc (APOG) Releases Earnings Results, Beats Expectations By $0.12 EPS

Apogee Enterprises Inc (APOG) reported quarterly earnings results on Wednesday, Jun-22-2016. The company said it had a profit of $0.61 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.12. Analysts had a consensus of $0.49. The company posted revenue of $247.88 million in the period, compared to analysts expectations of $247.18 million. The company’s revenue was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.41 EPS.

Apogee Enterprises Inc closed down -0.45 points or -1.03% at $43.33 with 2,39,074 shares getting traded on Tuesday. Post opening the session at $43.93, the shares hit an intraday low of $43.21 and an intraday high of $44.21 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

In a different news, on Apr 18, 2016, Richard Vanfleet Reynolds (director) sold 2,000 shares at $45.01 per share price. According to the SEC, on Apr 18, 2016, Robert J Marzec (director) sold 4,311 shares at $45.00 per share price. On Jan 29, 2016, John Alfred Klein (SVP Ops & Supply Chain Mgmt) purchased 5,000 shares at $39.17 per share price, according to the Form-4 filing with the securities and exchange commission.

Apogee Enterprises Inc. is engaged in the design and development of value-added glass solutions for enclosing commercial buildings and framing art. The Company operates in four segments: Architectural Glass Architectural Services Architectural Framing Systems and Large-Scale Optical Technologies. The Architectural Glass segment fabricates glass used in customized window and curtainwall systems comprising the outside skin of buildings. The Architectural Services segment primarily installs and renovates customized aluminum and glass window and curtainwall systems comprising the outside skin of buildings. The Architectural Framing Systems segment designs engineers and fabricates the aluminum frames used in customized aluminum and glass window curtainwall storefront and entrance systems comprising the outside skin and entrances of buildings. Large-Scale Optical Technologies segment manufactures value-added glass and acrylic products primarily for the custom picture framing market.

Apogee Enterprises Inc

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