NASDAQ:APOG
Apogee Enterprises Stock Earnings Reports
$45.54
-0.170 (-0.372%)
At Close: Apr 17, 2025
Apogee Enterprises Earnings Calls
Q1 2025
(Upcoming)
Release date | Apr 24, 2025 |
EPS estimate | $0.90 |
EPS actual | - |
Revenue estimate | 331.815M |
Revenue actual | - |
Expected change | +/- 9.12% |
Q4 2024
Beat
$1.19 (4.39%)
Release date | Jan 07, 2025 |
EPS estimate | $1.14 |
EPS actual | $1.19 |
EPS Surprise | 4.39% |
Revenue estimate | 331.815M |
Revenue actual | 341.344M |
Revenue Surprise | 2.87% |
Q3 2024
Beat
$1.44 (17.07%)
Release date | Oct 04, 2024 |
EPS estimate | $1.23 |
EPS actual | $1.44 |
EPS Surprise | 17.07% |
Revenue estimate | 335.307M |
Revenue actual | 342.44M |
Revenue Surprise | 2.13% |
Q2 2024
Beat
$1.44 (38.46%)
Release date | Jun 27, 2024 |
EPS estimate | $1.04 |
EPS actual | $1.44 |
EPS Surprise | 38.46% |
Revenue estimate | 333.22M |
Revenue actual | 331.516M |
Revenue Surprise | -0.511% |
Last 4 Quarters for Apogee Enterprises
Below you can see how APOG performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
Q2 2024
Beat
Release date | Jun 27, 2024 |
Fiscal end date | Jun 01, 2024 |
Price on release | $64.06 |
EPS estimate | $1.04 |
EPS actual | $1.44 |
EPS surprise | 38.46% |
Date | Price |
---|---|
Jun 21, 2024 | $60.42 |
Jun 24, 2024 | $60.76 |
Jun 25, 2024 | $59.41 |
Jun 26, 2024 | $59.25 |
Jun 27, 2024 | $64.06 |
Jun 28, 2024 | $62.84 |
Jul 01, 2024 | $61.72 |
Jul 02, 2024 | $61.59 |
Jul 03, 2024 | $62.14 |
4 days before | 6.02% |
4 days after | -3.00% |
On release day | -1.90% |
Change in period | 2.85% |
Q3 2024
Beat
Release date | Oct 04, 2024 |
Fiscal end date | Aug 31, 2024 |
Price on release | $83.93 |
EPS estimate | $1.23 |
EPS actual | $1.44 |
EPS surprise | 17.07% |
Date | Price |
---|---|
Sep 30, 2024 | $70.02 |
Oct 01, 2024 | $69.30 |
Oct 02, 2024 | $69.33 |
Oct 03, 2024 | $68.43 |
Oct 04, 2024 | $83.93 |
Oct 07, 2024 | $78.81 |
Oct 08, 2024 | $76.76 |
Oct 09, 2024 | $77.87 |
Oct 10, 2024 | $77.05 |
4 days before | 19.87% |
4 days after | -8.20% |
On release day | -6.10% |
Change in period | 10.04% |
Q4 2024
Beat
Release date | Jan 07, 2025 |
Fiscal end date | Nov 30, 2024 |
Price on release | $57.60 |
EPS estimate | $1.14 |
EPS actual | $1.19 |
EPS surprise | 4.39% |
Date | Price |
---|---|
Dec 31, 2024 | $71.41 |
Jan 02, 2025 | $71.26 |
Jan 03, 2025 | $71.90 |
Jan 06, 2025 | $71.13 |
Jan 07, 2025 | $57.60 |
Jan 08, 2025 | $52.52 |
Jan 10, 2025 | $50.75 |
Jan 13, 2025 | $53.40 |
Jan 14, 2025 | $53.04 |
4 days before | -19.34% |
4 days after | -7.92% |
On release day | -8.82% |
Change in period | -25.72% |
Q1 2025
(Upcoming)
Release date | Apr 24, 2025 |
Fiscal end date | Mar 01, 2025 |
Price on release | - |
EPS estimate | $0.90 |
EPS actual | - |
Date | Price |
---|---|
Apr 11, 2025 | $46.50 |
Apr 14, 2025 | $46.15 |
Apr 15, 2025 | $46.17 |
Apr 16, 2025 | $45.71 |
Apr 17, 2025 | $45.54 |
Apogee Enterprises Earnings Call Transcript Summary of Q4 2024
- Strong Financial Performance:
- Q4 Results:
- Net sales increased by 5% to $362 million, primarily due to improved pricing and product mix, especially in the glass segment.
- Adjusted operating income grew by 33%, with adjusted operating margins reaching 9.5%.
- Adjusted EPS increased by 33% to $1.14.
- Full Year Results:
- Adjusted operating income rose 16% to $146 million.
- Adjusted EPS grew 20% to a record $4.77.
- Cash flow from operations nearly doubled to $204 million.
- Q4 Results:
- Strategic Initiatives and Operational Improvements:
- Continued deployment of the Apogee Management System (AMS) led to productivity gains and strong financial results.
- Progress in shifting product mix towards higher-value offerings by eliminating lower-margin products (Project Fortify).
- The Architectural Glass segment significantly outperformed expectations with double-digit sales growth and improved margins.
- Market Challenges:
- Revenue Softening: While the construction market remains positive, several segments are experiencing deceleration, particularly due to higher interest rates and economic uncertainties.
- Expected decline in net sales in fiscal 2025 by 4% to 7%, attributed partially to reverting to a 52-week fiscal year and project eliminations from Project Fortify.
- Focus on Growth and Diversification:
- Ongoing efforts to diversify market exposure, particularly into healthcare, education, and infrastructure.
- Geographic expansion, particularly in the services and framing systems segments, is planned to enhance growth opportunities.
- Continued investment in capital expenditures, estimated between $40 million and $50 million for fiscal 2025.
- Project Fortify Implementation:
- Cost Savings: Expected annualized cost savings of $12 million to $14 million, with 60% realized in fiscal 2025.
- Strategy to phase out low-margin projects is in place, aiming to stabilize margins within a target range of 10% to 15% for framing systems.
- Financial Outlook for Fiscal 2025:
- Anticipated adjusted diluted EPS in the range of $4.35 to $4.75.
- Expected to face pressures on sales volumes and pricing in the glass and framing segments.
- Margins are expected to remain flat compared to fiscal 2024, with improvements in framing margins anticipated.
Apogee Enterprises has shown strong financial performance with a focus on operational improvements and strategic initiatives, despite facing headwinds in the market. The company is positioned to continue growth through diversification and enhanced product offerings while managing costs effectively through initiatives like Project Fortify. Investors should be aware of the mixed market outlook as they navigate fiscal 2025.
Apogee Enterprises Earnings History
Earnings Calendar
FAQ
When is the earnings report for APOG?
Apogee Enterprises (APOG) has scheduled its earnings report for Apr 24, 2025 before the markets open.
What is the APOG price-to-earnings (P/E) ratio?
APOG P/E ratio as of Apr 17, 2025 (TTM) is 10.13.
What is the APOG EPS forecast?
The forecasted EPS (Earnings Per Share) for Apogee Enterprises (APOG) for the first fiscal quarter 2025 is $0.90.
What are Apogee Enterprises's retained earnings?
On its balance sheet, Apogee Enterprises reported retained earnings of $341.34 million for the latest quarter ending Nov 30, 2024.
What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.
Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.
What To Know About Earnings Reports?
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.