earnings
confidence high
sentiment positive
materiality 0.80
Apogee Q1 EPS $1.00 vs $0.42 YoY; raises FY adjusted EPS guidance to $3.50-$3.90
APOGEE ENTERPRISES, INC.
2023-Q1 EPS reported
$1.00
revenue$356,635,000
- Revenue $356.6M (+9.4% YoY); EPS $1.00 (vs $0.42 YoY).
- Architectural Framing Systems revenue +19% to $163.3M; op income $23.7M (vs $8.4M).
- Guidance raised: FY adjusted EPS $3.50-$3.90 (prev $2.90-$3.30).
- Repurchased 1.57M shares for $74.3M; debt $261M, cash $15.2M.
- Operating cash flow -$30.5M vs +$6.9M prior year on working capital growth.