Apogee Enterprises Q4 2020 Earnings Report
Key Takeaways
Apogee Enterprises reported a strong fourth quarter in fiscal year 2020, with earnings above prior guidance, strong order flow leading to record backlog levels, and cash flow from operations well above the prior year. However, due to the uncertainty surrounding the COVID-19 outbreak, the company is not providing annual guidance for fiscal year 2021 at this time.
Fourth quarter earnings of $0.45 per diluted share and full-year EPS of $2.32, above prior guidance range
Significant backlog growth during the quarter
Strong cash flow, with $54 million of cash flow from operations in the quarter
Company receives commitment to extend maturity of term loan
Apogee Enterprises
Apogee Enterprises
Apogee Enterprises Revenue by Segment
Forward Guidance
Apogee Enterprises is not providing annual guidance for fiscal year 2021 at this time due to the uncertainty surrounding the COVID-19 outbreak.
Revenue & Expenses
Visualization of income flow from segment revenue to net income