Apogee Enterprises (APOG) Tops Q3 EPS by 13c, Misses on Revenue; Offers Strong FY24 EPS Guidance

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Apogee Enterprises Reports Fiscal 2024 Third Quarter Results

December 21, 2023 6:30 AM EST

Third quarter diluted EPS grows 15% to $1.23, on net sales of $340 million Operating margin expands 170 bps to 11.1% New project awards drive 15% sequential backlog growth in Architectural Services Year-to-date cash flow from operations increases $78 million to $129 million Increasing full-year adjusted diluted EPS outlook to a range of $4.55 to $4.70

MINNEAPOLIS--(BUSINESS WIRE)-- Apogee Enterprises, Inc. (Nasdaq: APOG) today reported its fiscal 2024 third-quarter results. The Company reported the following selected financial results:

 

 

Three Months Ended

 

 

($ in thousands, except per share... More