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Apogee Enterprises Inc (APOG.OQ)

APOG.OQ on NASDAQ Stock Exchange Global Select Market

48.30USD
15 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Apogee Enterprises Q2 earnings per share $0.60
Tuesday, 19 Sep 2017 06:30am EDT 

Sept 19 (Reuters) - Apogee Enterprises Inc :Apogee reports fy18 second-quarter results.Q2 adjusted earnings per share $0.75.Q2 earnings per share $0.60.Q2 revenue $343.9 million versus I/B/E/S view $350 million.Q2 earnings per share view $0.71 -- Thomson Reuters I/B/E/S.Reaffirms FY 2018 adjusted earnings per share view $3.40 to $3.60.Reaffirms FY 2018 earnings per share view $3.05 to $3.25.Sees FY 2018 revenue up 24 to 26 percent.Maintaining full-year fiscal 2018 outlook provided on August 23​.FY2018 earnings per share view $3.11, revenue view $1.39 billion -- Thomson Reuters I/B/E/S.  Full Article

Apogee Enterprises sees FY 2018 EPS of $3.05 to $3.25
Wednesday, 23 Aug 2017 06:30am EDT 

Aug 23 (Reuters) - Apogee Enterprises Inc ::Apogee updates FY18 outlook for EFCO acquisition impact.Apogee Enterprises sees FY 2018 operating margin 10.0 to 10.5 percent .Sees FY 2018 earnings per share $3.05 to $3.25.Sees FY 2018 adjusted earnings per share $3.40 to $3.60.Fiscal 2018 revenues for EFCO are now expected to be approximately $200 million, compared to previous outlook of $200 to $220 million​.Sees ‍FY 2018 revenue growth of 24 to 26 percent​.‍EFCO revenues and margins in FY to be slightly lower than initially anticipated due to revised cost estimates​.Longer-Term outlook related to European competition on larger projects is brightening with strengthening of Euro.FY2018 earnings per share view $3.38, revenue view $1.42 billion -- Thomson Reuters I/B/E/S.‍For fiscal 2019 we expect double-digit revenue growth and triple-digit operating margin improvement​.In three years, we expect to improve EFCO operating margins to double-digits and to achieve annual synergies of $10 to $15 million​.  Full Article

Apogee Q1 adjusted earnings per share $0.62
Thursday, 22 Jun 2017 06:30am EDT 

June 22 (Reuters) - Apogee Enterprises Inc ::Apogee reports fy18 first quarter results.Q1 adjusted earnings per share $0.62.Q1 earnings per share $0.56.Q1 revenue $272.3 million versus I/B/E/S view $271.9 million.Q1 earnings per share view $0.59 -- Thomson Reuters I/B/E/S.Sees FY 2018 adjusted earnings per share $3.65 to $3.85.Sees FY 2018 earnings per share $3.31 to $3.51.Sees FY 2018 revenue up 26 to 28 percent.Apogee Enterprises Inc sees full-year fiscal 2018 operating margin of 10.5 to 11.0 percent, with addition of EFCO revenues at a mid-single digit operating margin.FY 2018 earnings per share view $3.40, revenue view $1.41 billion -- Thomson Reuters I/B/E/S.Apogee Enterprises Inc sees full-year fiscal 2018 capital expenditures of approximately $60 million.Apogee Enterprises Inc - FY18 guidance prior to acquisition reaffirmed.  Full Article

Apogee to acquire window company EFCO Corp for $195 mln
Monday, 1 May 2017 09:00am EDT 

May 1 (Reuters) - Apogee Enterprises Inc :Apogee announces agreement to acquire window company, EFCO Corporation, for $195 million.Apogee Enterprises Inc - is funding EFCO acquisition from cash and its recently expanded credit facility.Apogee Enterprises Inc - expect to generate $10 million to $15 million in annual synergies and operational efficiencies by fiscal 2020.Apogee Enterprises Inc expects acquisition to generate cash and be accretive to Apogee's EBITDA and EPS, excluding transaction costs, this fiscal year.Says Apogee is funding EFCO acquisition from cash and its recently expanded credit facility.Apogee Enterprises - EFCO will be ninth independent operating unit in Apogee portfolio and reported as part of architectural framing systems segment.  Full Article

Apogee Q4 earnings per share $0.80
Thursday, 13 Apr 2017 06:30am EDT 

Apogee Enterprises Inc : Apogee reports record fy17 results . Q4 earnings per share $0.80 . Q4 revenue $314 million . Apogee enterprises inc - we expect to drive revenue growth of about 10 percent and deliver earnings of $3.35 to $3.55 per diluted share in 2018 . Apogee enterprises inc - in fy18 expect to drive revenue growth of approximately 10 percent and deliver earnings of $3.35 to $3.55 per diluted share . Fiscal 2018 gross margin is expected to be approximately 28 percent and operating margin approximately 12.5 percent . Apogee enterprises inc - fy18 capital expenditures are anticipated to be $50 million to $60 million . Apogee enterprises inc - expects mid-single digit u.s. Commercial construction market growth in fiscal year 2018 .Fy2018 earnings per share view $3.48, revenue view $1.26 billion -- Thomson Reuters I/B/E/S.  Full Article

Apogee Enterprises acquires curtainwall company, Sotawall Inc
Wednesday, 14 Dec 2016 10:00am EST 

Apogee Enterprises Inc : Says deal for approximately $135 million . Apogee delivering on growth strategies: acquires N. American curtainwall company, Sotawall Inc. . deal for approximately $135 million . Apogee funded acquisition from cash and its credit facility. .Sotawall EBITDA margins will be accretive to co and architectural framing systems segment, accretive to earnings in fiscal 2018.  Full Article

Apogee Q1 earnings per share $0.61
Wednesday, 22 Jun 2016 04:44pm EDT 

Apogee Enterprises Inc : Apogee enterprises inc says q1 backlog of $509.7 million was up 8 percent . Maintaining fy 2017 outlook for revenue growth of approximately 10 percent . Fiscal 2017 capital expenditures are anticipated to be approximately $60 million . Says Expects Mid-Single digit u.s. Commercial construction market growth in fiscal 2017 . Apogee enterprises inc sees 2017 gross margin is expected to be greater than 26 percent and operating margin at least 11 percent . Fy2017 earnings per share view $2.72, revenue view $1.08 billion -- Thomson Reuters I/B/E/S . Apogee enterprises inc says q1 operating margin was 10.6 percent, up 300 basis points . Apogee delivers strong fy17 q1 eps growth; raises eps guidance . Q1 earnings per share $0.61 . Q1 revenue $247.9 million versus I/B/E/S view $247.2 million . Q1 earnings per share view $0.49 -- Thomson Reuters I/B/E/S . Sees fy 2017 earnings per share $2.70 to $2.85 .Sees fy 2017 revenue up about 10 percent.  Full Article

Apogee Enterprises Inc raises quarterly cash dividend 14 percent to $0.125 per share
Wednesday, 13 Jan 2016 05:43am EST 

Apogee Enterprises Inc:Declared a quarterly cash dividend of $0.125 per share, payable on February 17, 2016, to shareholders of record on February 2, 2016.Dividend of $0.125 per share represents an increase of 14 percent from the previous quarterly dividend of $0.11 per share.Also increased its existing share repurchase authorization by 1 million shares, bringing the total available share repurchase program to approximately 1.4 million shares.  Full Article