Apogee Enterprises (APOG) Stock: Why The Price Jumped Up Today

Apr 7th, 2022 10:08 EST
  • The stock price of Apogee Enterprises, Inc. (NASDAQ: APOG) increased by over 7% during intraday trading today. This is why.

The stock price of Apogee Enterprises, Inc. (NASDAQ: APOG) increased by over 7% during intraday trading today. Investors are responding positively to the company’s fourth-quarter results.

The company reported a non-GAAP EPS of $0.91, which beat expectations by $0.19. And the revenue for the quarter was $327.96 million, which is up 6.3% year-over-year and beat expectations by $5.94 million.

For fiscal 2023, the company is forecasting earnings of $2.90 to $3.30 per diluted share, compared to a consensus of $2.91.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.

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