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Aug 26, 2023
Apogee Enterprises Q2 2024 Earnings Report
Apogee Enterprises reported strong margin expansion and adjusted earnings growth.
Key Takeaways
Apogee Enterprises reported Q2 2024 results with net sales of $354 million and diluted EPS of $1.52. The company's operating margin reached 11.5%, up from 8.6% in the previous year's second quarter. Adjusted diluted EPS grew 28% to $1.36, an all-time quarterly record.
Net sales reached $354 million with diluted EPS at $1.52.
Operating margin expanded to 11.5%, a notable increase from 8.6% in the prior year's quarter.
Adjusted diluted EPS increased by 28% to a record $1.36.
Cash flow from operations improved by $65 million year-to-date compared to the same period last year.
Revenue by Segment
Forward Guidance
The Company is now providing an updated outlook for full-year adjusted diluted EPS in the range of $4.35 to $4.65.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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