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Apogee Enterprises Inc (APOG.OQ)

APOG.OQ on NASDAQ Stock Exchange Global Select Market

41.87USD
20 Apr 2018
Change (% chg)

$0.38 (+0.92%)
Prev Close
$41.49
Open
$41.50
Day's High
$41.98
Day's Low
$41.40
Volume
114,002
Avg. Vol
114,618
52-wk High
$59.52
52-wk Low
$37.24

Latest Key Developments (Source: Significant Developments)

Apogee Enterprises Reports Q4 Adj EPS of $0.96
Thursday, 12 Apr 2018 

April 12 (Reuters) - Apogee Enterprises Inc ::APOGEE REPORTS FY18 FULL-YEAR, FOURTH-QUARTER RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $0.96.Q4 EARNINGS PER SHARE $0.78.Q4 REVENUE $353.5 MILLION VERSUS I/B/E/S VIEW $363.3 MILLION.Q4 EARNINGS PER SHARE VIEW $0.62 -- THOMSON REUTERS I/B/E/S.SEES FY 2019 EARNINGS PER SHARE $3.30 TO $3.50.SEES FY 2019 ADJUSTED EARNINGS PER SHARE $3.43 TO $3.63.SEES FISCAL 2019 REVENUE GROWTH OF APPROXIMATELY 10 PERCENT.Q4-END ARCHITECTURAL FRAMING SYSTEMS BACKLOG WAS $405.7 MLN.ARCHITECTURAL SERVICES SEGMENT HAS BACKLOG, ORDER PIPELINE "STRENGTH TO SUPPORT" OUTLOOK FOR GROWTH IN FISCAL YEARS 2019 & 2020.APOGEE ENTERPRISES INC SEES 2019 CAPITAL EXPENDITURES OF $60 MILLION TO $65 MILLION.SEES FISCAL 2019 EARNINGS OF $3.30 TO $3.50 PER DILUTED SHARE.APOGEE ENTERPRISES INC SEES 2019 ADJUSTED OPERATING MARGIN OF 9.1 PERCENT TO 9.6 PERCENT.QTRLY EARNINGS REFLECT NET TAX BENEFITS OF $3.7 MILLION, OR $0.13 PER SHARE, PRIMARILY FROM TAX CUTS AND JOBS ACT.  Full Article

Apogee Enterprises Raises Quarterly Cash Dividend
Wednesday, 10 Jan 2018 

Jan 9 (Reuters) - Apogee Enterprises Inc ::APOGEE RAISES QUARTERLY CASH DIVIDEND; INCREASES SHARE REPURCHASE AUTHORIZATION.- BOARD OF DIRECTORS ALSO INCREASED ITS EXISTING SHARE REPURCHASE AUTHORIZATION BY 1 MILLION SHARES.SETS QUARTERLY CASH DIVIDEND OF $0.1575PER SHARE.APOGEE ENTERPRISES - NEW DIVIDEND REPRESENTS INCREASE OF 12.5 PERCENT FROM PREVIOUS DIVIDEND.  Full Article

Apogee Announces Architectural Glass Restructuring
Friday, 5 Jan 2018 

Jan 5 (Reuters) - Apogee Enterprises Inc ::RESTRUCTURING CHARGE OF ABOUT $4.5 MILLION IN FISCAL 2018 Q4 WAS REFLECTED IN CURRENT FISCAL 2018 OUTLOOK PROVIDED IN DECEMBER 2017​.APOGEE ANNOUNCES ARCHITECTURAL GLASS RESTRUCTURING.IN FISCAL 2018 Q4, CO TAKING RESTRUCTURING CHARGE OF ABOUT $4.5 MILLION, OR $0.11PER SHARE, PRIMARILY RELATED TO PLANT CLOSURE.WILL BE CLOSING DOMESTIC ARCHITECTURAL GLASS PLANT FACILITY IN ST. GEORGE, UT IN MARCH​.  Full Article

Apogee Reports Q3 Adjusted Earnings Per Share $0.90
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Apogee Enterprises Inc ::APOGEE REPORTS FY18 THIRD-QUARTER RESULTS.Q3 ADJUSTED EARNINGS PER SHARE $0.90.Q3 EARNINGS PER SHARE $0.82.Q3 REVENUE $356.5 MILLION VERSUS I/B/E/S VIEW $373.3 MILLION.Q3 EARNINGS PER SHARE VIEW $0.92 -- THOMSON REUTERS I/B/E/S.- ‍UPDATED FY18 OUTLOOK​.- SEES ABOUT 20% REVENUE GROWTH FOR FY 18​.- ‍LOWERING GUIDANCE FOR FULL-YEAR FISCAL 2018 DUE TO LOWER THAN EXPECTED VOLUME AND PRICING​.- "‍REVISED FISCAL 2018 OUTLOOK REFLECTS A SLOWER THAN EXPECTED SECOND HALF FOR OUR ARCHITECTURAL GLASS SEGMENT"​.SEES FY 2018 EARNINGS OF $2.58 TO $2.68 PER DILUTED SHARE.- ‍IN Q4, TAKING ACTIONS TO REDUCE COSTS​.SEES FY 2018 CAPITAL EXPENDITURES OF $55 MILLION TO $60 MILLION.SEES FY 2018 ADJUSTED EPS OF $3.04 TO $3.14.- FY 18 ESTIMATED ‍REVENUE GROWTH OF APPROXIMATELY 20 PERCENT, REFLECTS $8 TO $10 MILLION OF HURRICANE IMPACTED REVENUES​.- SEES ‍FY 18 OPERATING MARGIN OF 8.6 TO 8.9 PERCENT​.FY2018 EARNINGS PER SHARE VIEW $3.07, REVENUE VIEW $1.39 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Apogee Enterprises enters amendment no. 1 to existing agreement
Thursday, 15 Jun 2017 

June 14 (Reuters) - Apogee Enterprises Inc ::On June 9, 2017, co entered into amendment no. 1 to existing agreement dated as of June 9, 2017.Apogee enterprises says amendment amended terms of existing agreement, amount of incremental loan commitments was increased to $160 million - SEC filing.Amendment no. 1 amended incremental loan commitments were exercised to increase amount of revolving credit facility to $335 million.Indebtedness covenant amended, increase in permitted amount available to be drawn under letters of credit issued by 1/more lenders.  Full Article

Apogee Q1 earnings per share $0.61
Thursday, 23 Jun 2016 

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

Engaged Capital takes 6 percent stake in specialty glass maker Apogee

Activist investor Engaged Capital on Tuesday disclosed a 6 percent stake in Apogee Enterprises Inc , saying shares of the specialty glass maker were "undervalued" and represents an attractive investment opportunity.