Apogee earnings update

Apogee Enterprises (NASDAQ:APOG) is scheduled to post its quarterly earnings results on Thursday, September 17th. The company has set its FY16 guidance at $2.10-2.25 EPS.

Apogee last announced its earnings results on June 24th. The company reported $0.41 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.37 by $0.04. The business revenue was $240 million for the quarter.  Revenue for the quarter was up 13.8% on a year-over-year basis. During the same period last year, the firm posted $0.21 earnings per share. On average, analysts expect Apogee Enterprises to post $2.20 EPS for the current fiscal year and $2.91 EPS for the next fiscal year.
Apogee Enterprises has a 52 week low of $35.57 and a 52 week high of $61.05. The firm has a market capitalization of $1.64 billion and a P/E ratio of 29.31. The stock’s 50 day moving average price is $53.19 and its 200 day moving average price is $51.98.
Earlier this year CFO James S. Porter sold 10,000 shares of the business’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $52.57, for a total value of $525,700.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Director Sara L. Hays also sold 1,500 shares of the business’s stock in a transaction dated Friday, July 17th. The stock was sold at an average price of $53.80, for a total value of $80,700.00.