Apogee EnterprisesAPOG stock rose by 0.16% on Wednesday after the company reported its Q2 earnings results on Tuesday, September 21, 2021 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
Apogee Enterprises missed their estimated earnings by 3.64%, which did not surprise analysts.
Revenue was up $6,314,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06, which was followed by a 12.21% increase in the share price the next day.
Here's a look at Apogee Enterprises's past performance and the resulting price change:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|---|
| EPS Estimate | 0.55 | 0.36 | 0.56 | 0.69 | 0.30 |
| EPS Actual | 0.53 | 0.42 | 0.63 | 0.90 | 0.73 |
| Price Change % | 0.16% | 12.21% | 3.57% | 1.28% | -3.96% |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Apogee Enterprises sees FY22 adjusted EPS of $2.20-$2.40.
To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
