Apogee Reports Record Operating Margin, Backlog in FY16 Q3; Raises EPS Guidance

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Go back to Apogee Reports Record Operating Margin, Backlog in FY16 Q3; Raises EPS Guidance

Apogee Enterprises (APOG) Misses Q3 EPS by 2c, Boots FY16 EPS Guidance

December 16, 2015 4:32 PM EST

Apogee Enterprises (NASDAQ: APOG) reported Q3 EPS of $0.63, $0.02 worse than the analyst estimate of $0.65. Revenue for the quarter came in at $238.3 million versus the consensus estimate of $265.74 million.

GUIDANCE:

Apogee Enterprises sees FY2016 EPS of $2.15-$2.25, versus prior guidance of $2.10-$2.25 and the consensus of $2.17.

We continue to expect a strong... More