Apogee Reports Strong FY2016 Q1 Revenue, Earnings Growth
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June 26, 2015 6:58 AM EDT
(Updated - June 26, 2015 7:37 AM EDT)
Northland Capital Markets downgraded Apogee Enterprises (NASDAQ: APOG) from Outperform to Market Perform with a price target of $57.00 (from $55.00). The change follows Q1 results and is largely tied to valuation, as analyst Colin Rusch encourages investors to "opportunistically take profits."... More
June 24, 2015 5:42 PM EDT
Apogee Enterprises (NASDAQ: APOG) reported Q1 EPS of $0.41, $0.04 better than the analyst estimate of $0.37. Revenue for the quarter came in at $240 million versus the consensus estimate of $241.76 million.
Apogee Enterprises sees FY2016 EPS of $2.10-$2.25, versus the consensus of $2.13.
We remain confident that Apogee will continue to achieve strong growth... More
