Apogee Enterprises Swings to Profit in Q1 FY2027 with $0.54 EPS, $342.7M Revenue
APOG sits 50% above its 52-week low of $30.75.
Summary
APOGEE ENTERPRISES reported Q1 FY2027 results with $342.7M in revenue and $0.54 diluted EPS, a significant turnaround from a net loss in the prior-year quarter. Net income reached $11.5M, driven by growth in services and surfaces, and productivity gains from Project Fortify Phase 2. This news follows the 10-Q filing earlier today and an 8-K on June 26th, both of which indicated a strong Q1, with this article providing the specific financial figures. The swing to profitability and increased Architectural Services backlog to $734.5M are positive indicators for the company's operational health. The acquisition of Keller Companies (Kalwall) is expected to close early July, which could further impact future results.
At the time of this announcement, APOG was trading at $46.07 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $983.5M. The 52-week trading range was $30.75 to $50.88. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.