Revenue Update on Apogee Enterprises Inc(NASDAQ:APOG)

Apogee Enterprises Inc(NASDAQ:APOG) announced the earnings results for Fiscal Year 2017 and Q1. The results came in during After-hours on Jun 22, 2016. Company reported revenue of $247.88M. Analysts estimated a revenue of $247.18M. Earnings per share were $0.61. Analysts had estimated an EPS of $0.49.

Apogee Enterprises Inc (APOG) shares turned negative on Mondays trading session with the shares closing down -1.54 points or -3.53% at a volume of 3,52,484. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $43.5. The peak price level was also seen at $43.5 while the days lowest was $41.69. Finally the shares closed at $42.05. The 52-week high of the shares is $58.36 while the 52-week low is $33.67. According to the latest information available, the market cap of the company is $1,206 M.

Several Insider Transactions has been reported to the SEC. On Apr 18, 2016, Richard Vanfleet Reynolds (director) sold 2,000 shares at $45.01 per share price.Also, On Apr 18, 2016, Robert J Marzec (director) sold 4,311 shares at $45.00 per share price.On Jan 29, 2016, John Alfred Klein (SVP Ops & Supply Chain Mgmt) purchased 5,000 shares at $39.17 per share price, according to the Form-4 filing with the securities and exchange commission.

Apogee Enterprises Inc. is engaged in the design and development of value-added glass solutions for enclosing commercial buildings and framing art. The Company operates in four segments: Architectural Glass Architectural Services Architectural Framing Systems and Large-Scale Optical Technologies. The Architectural Glass segment fabricates glass used in customized window and curtainwall systems comprising the outside skin of buildings. The Architectural Services segment primarily installs and renovates customized aluminum and glass window and curtainwall systems comprising the outside skin of buildings. The Architectural Framing Systems segment designs engineers and fabricates the aluminum frames used in customized aluminum and glass window curtainwall storefront and entrance systems comprising the outside skin and entrances of buildings. Large-Scale Optical Technologies segment manufactures value-added glass and acrylic products primarily for the custom picture framing market.

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