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

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

December 16, 2015 4:30 PM EST

Revenues down 2%; flat in constant currency Operating income up 35%, EPS up 34% Record 11.7% operating margin Backlog grows to record $545 million FY16 outlook: EPS range increased to $2.15-$2.25

MINNEAPOLIS--(BUSINESS WIRE)-- Apogee Enterprises, Inc. (Nasdaq: APOG) today announced fiscal 2016 third-quarter results. Apogee provides distinctive solutions for enclosing commercial buildings and framing art.

FY16 THIRD QUARTER VS. PRIOR-YEAR PERIOD

Revenues of $238.3 million were down 2 percent. In constant currency, revenues were flat.... More