Apogee Enterprises Q2 EPS $1.36 Beats $1.12 Estimate, Sales $353.67M Miss $372.01M Estimate
Portfolio Pulse from Benzinga Newsdesk
Apogee Enterprises reported Q2 earnings of $1.36 per share, beating the analyst consensus estimate of $1.12 by 21.43%. However, the company's quarterly sales of $353.67 million missed the analyst consensus estimate of $372.01 million by 4.93%. This represents a 4.96% decrease over sales from the same period last year.
September 19, 2023 | 10:09 am
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NEUTRAL IMPACT
Apogee Enterprises' Q2 earnings beat estimates but sales missed, indicating mixed financial performance.
Apogee Enterprises' earnings beat could potentially boost investor confidence, but the sales miss and decrease from last year might offset this positive sentiment, leading to a neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100