APOG Beats Estimates

Apogee Enterprises Inc. (NASDAQ: APOG ) stock surged Friday after the architectural products maker reported fiscal first-quarter 2027 results that beat Wall Street estimates on both earnings and revenue while affirming its full-year outlook. Q1 Earnings Top Expectations Adjusted diluted earnings came in at 57 cents per share, topping the analyst consensus estimate of 45 cents. 8 million estimate.

1% from a year earlier due to lower sales volume. However, favorable pricing and product mix partly offset the decline. GAAP diluted earnings were 54 cents per share, compared with a loss of 13 cents in the prior-year quarter. 7 million a year earlier.

0%. 9%, supported by pricing actions, productivity gains, Project Fortify 2 cost savings and a favorable product mix. 1 million. 9%, reflecting higher material and freight costs along with lower volume.

4 million. 3%. 2 million on higher volume. 9 million at the end of fiscal 2026.

8%. 7 million. 3%. 8 million a year earlier.

4 million of long-term debt. 86. 406 billion. Management said the pending acquisition of Kalwall remains on track to close in early July.

“Our results for the quarter reflect solid execution as our team effectively navigated a dynamic operating environment,” Executive Chair and CEO Donald Nolan said. 49 at the time of publication on Friday, according to Pro data. Photo via Shutterstock Read Also: Commercial Metals Gains As Profit Rises And Fourth-Quarter EBITDA Outlook Improves