Apogee Enterprises: Overview of Third Quarter Financial Results

Apogee Enterprises Reports Third-Quarter Financial Results

Apogee Enterprises Inc., headquartered in Minneapolis, announced a net profit of $16.5 million for its fiscal third quarter.

The company reported earnings of $0.77 per share, with adjusted earnings—excluding certain one-time items—reaching $1.02 per share.

During this quarter, Apogee, which specializes in glass products, generated $348.6 million in revenue.

Looking ahead, Apogee anticipates its full-year earnings to fall between $3.40 and $3.50 per share.

Since the start of the year, Apogee’s stock price has edged up by just over 2%. However, over the past year, shares have declined by 48%.

Financial data for this article was compiled by Automated Insights using information from Zacks Investment Research.