Apogee Enterprises Revises Adjusted EPS Guidance To $4.55-$4.70 From Prior Guidance Of $4.35-$4.65 Versus Consensus Of $4.50
Portfolio Pulse from Benzinga Newsdesk
Apogee Enterprises has updated its adjusted EPS guidance for the current fiscal year to a range of $4.55-$4.70, up from the previous range of $4.35-$4.65. This new guidance surpasses the consensus estimate of $4.50.
December 21, 2023 | 11:11 am
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Apogee Enterprises has raised its adjusted EPS guidance, indicating a stronger performance than previously expected and surpassing analyst consensus estimates.
The upward revision of Apogee's EPS guidance suggests that the company is performing better than previously anticipated, which is likely to be viewed positively by investors. The new guidance range not only exceeds the prior estimates but also the consensus, which could lead to increased investor confidence and a potential short-term rise in the stock price.
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