Apogee Enterprises Beats Up on Analysts Yet Again

Apogee Enterprises (Nasdaq: APOG  ) reported earnings yesterday. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 3 (Q4), Apogee Enterprises met expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue grew and GAAP earnings per share increased.

Margins grew across the board.

Revenue details
Apogee Enterprises booked revenue of $168.7 million. The four analysts polled by S&P Capital IQ expected a top line of $167.3 million on the same basis. GAAP reported sales were 14% higher than the prior-year quarter's $147.9 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.11. The four earnings estimates compiled by S&P Capital IQ anticipated $0.06 per share. GAAP EPS were $0.11 for Q4 compared to -$0.16 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 19.4%, 370 basis points better than the prior-year quarter. Operating margin was 1.6%, 540 basis points better than the prior-year quarter. Net margin was 1.8%, 480 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $169.8 million. On the bottom line, the average EPS estimate is $0.09.

Next year's average estimate for revenue is $719.8 million. The average EPS estimate is $0.59.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 238 members out of 256 rating the stock outperform, and 18 members rating it underperform. Among 72 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 67 give Apogee Enterprises a green thumbs-up, and five give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Apogee Enterprises is outperform, with an average price target of $17.00.

Can your retirement portfolio provide you with enough income to last? You'll need more than Apogee Enterprises. Learn about crafting a smarter retirement plan in "The Shocking Can't-Miss Truth About Your Retirement." Click here for instant access to this free report.

• Add Apogee Enterprises to My Watchlist.