Apogee Enterprises Inc.

+1.66 (+4.40%)
Other Pre-Announcement

Apogee Enterprises Inc Reports Q2 Adjusted Earnings Of $0.73 Per Diluted Share

Published: 09/17/2020 10:19 GMT
Apogee Enterprises Inc. (APOG) - Qtrly Earnings of $0.67 per Diluted Share and Adjusted Earnings of $0.73 per Diluted Share.
Q2 Revenue Was $319.5 Million Versus $357.1 Million.
Cost Savings Tracking Ahead of Forecast; Expect Over $40 Million of Savings in Fiscal Year.
Q2 Earnings per Share View $0.30, Revenue View $314.7 Million -- Refinitiv Ibes Data (analyst estimates).
Quarter End Total Backlog of $1.1 Blnremains Well Above Prior Year Level.
Not Providing Detailed Financial Guidance Due to Continued Impact of Covid-19 and Related Economic Uncertainty.
Expects Revenue and Earnings in Second Half of Fiscal 2021 to Improve Compared to First Half of FY.