-+ 0.00%
-+ 0.00%
-+ 0.00%
Apogee (APOG) Reports Earnings Tomorrow: What To Expect
Share
Listen to the news

APOG Cover Image

Architectural products company Apogee (NASDAQ:APOG) will be reporting results this Tuesday morning. Here’s what investors should know.

Apogee beat analysts’ revenue expectations last quarter, reporting revenues of $342.7 million, down 1.1% year on year. It was an incredible quarter for the company, with a beat of analysts’ EPS estimates and a solid beat of analysts’ EBITDA estimates.

Is Apogee a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, the market is expecting Apogee’s revenue to decline 1.9% year on year, a reversal from the 4.6% increase it recorded in the same quarter last year.

Apogee Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Apogee rarely misses Wall Street’s revenue estimates.

With Apogee being the first among its peers to report earnings this season, we don’t have anywhere else to look to get a hint at how this quarter will unfold for building products stocks. However, the whole sector has been hit hard over the last month as stocks in Apogee’s peer group are down 3.3% on average. Apogee is down 8.1% during the same time .

WHILE YOU’RE HERE: The Next Palantir? One satellite company captures images of every point on Earth. Every single day. The Pentagon wants it. Hedge funds are using it to beat earnings. You’ve probably never heard of it.

This is what the early days of Palantir looked like before it became a giant. Same playbook. Different technology. If you missed Palantir, you need to see this. Claim The Stock Ticker for Free HERE.

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending