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Apogee (APOG) Reports Earnings Tomorrow: What To Expect

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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 .

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