earnings
confidence high
sentiment positive
materiality 0.85
Apogee Q1 EPS $1.00 vs $0.42; 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); GAAP EPS $1.00 vs $0.42.
- Architectural Framing Systems revenue $163.3M (+19%); operating income $23.7M vs $8.4M.
- Full-year adjusted EPS guidance raised to $3.50-$3.90 from $2.90-$3.30.
- Net cash used by ops $30.5M; repurchased 1.57M shares for $74.3M.
- Backlog: Framing Systems $310M, Services $681M, both up from Q4.