Apogee Enterprises Reports Fiscal 2020 Second Quarter Results
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Apogee Enterprises (APOG) Tops Q2 EPS by 6c, Revenues Beat; Reaffirms FY20 EPS Mid-Point Guidance Above Consensus
September 17, 2019 6:33 AM EDTApogee Enterprises (NASDAQ: APOG) reported Q2 EPS of $0.72, $0.06 better than the analyst estimate of $0.66. Revenue for the quarter came in at $357 million versus the consensus estimate of $353.43 million.
We delivered solid operational and financial performance in the second quarter, with results largely in-line with our expectations, said Joseph F. Puishys, Chief Executive Officer. Our Architectural Glass segment made significant year-over-year improvements, with increased revenue and margins, and Architectural Services continued to build on its record backlog. We also made substantial progress toward completing the last remaining legacy EFCO project, tracking as expected to... More
