NASDAQ$APOG
Apogee Enterprises Inc · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Apogee Enterprises reported second-quarter results for fiscal year 2021, with adjusted earnings growth achieved despite economic challenges.
Apogee Enterprises reported a decrease in revenue but an increase in adjusted earnings per share. Second-quarter revenue was $319.5 million, compared to $357.1 million in the prior year. Earnings were $0.67 per diluted share, compared to $0.72 per diluted share in the prior year, while adjusted earnings were $0.73 per diluted share, compared to $0.72 in the prior year.
- Earnings of $0.67 per diluted share and adjusted earnings of $0.73 per diluted share, compared to $0.72 in the prior year
- Cost savings tracking ahead of forecast; expect over $40 million of savings in the fiscal year
- $85 million of operating cash flow year-to-date, up $68 million compared to prior year
- Reduced debt by $43 million in the quarter, further strengthening the company’s financial position
Headline financials
Revenue & EPS history
Apogee Enterprises · Revenue · Quarterly
$319M
Revenue by segment
Apogee Enterprises · $160M total across 2 segments · Q2 2021
- Architectural Glass$86.6M-12.7%54.0%
- Architectural Services$73.7M+19.6%46.0%
Forward guidance
The company is not providing detailed financial guidance due to the continued impact of COVID-19 and related economic uncertainty. The company expects continued project delays and soft market conditions but expects revenue and earnings in the second half of fiscal 2021 to improve compared to the first half of the fiscal year.
Headwinds
- Continued impact of COVID-19
- Related economic uncertainty
- Continued project delays
- Soft market conditions
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2021
-0.2%
Avg return
Earnings day
-1.9%
Avg return
5 days after
+0.5%
Avg return
30 days after
49%
32 / 65 earnings
Positive
+15.2%
Q2 2025
Best reaction
-26.2%
Q3 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2027 | — | — | — | |
| Q4 2026 | +0.3% | +0.1% | +0.6% | |
| Q3 2026 | -14.0% | -6.3% | +12.1% | |
| Q2 2026 | -4.5% | -7.7% | -16.9% | |
| Q1 2026 | -3.1% | -3.6% | +0.3% | |
| Q4 2025 | -12.7% | -12.1% | -15.8% | |
| Q3 2025 | -26.2% | -28.7% | -28.6% | |
| Q2 2025 | +15.2% | +13.8% | +10.8% | |
| Q1 2025 | +6.1% | +3.9% | +15.0% | |
| Q4 2024 | +3.6% | +2.3% | +18.4% | |
| Q3 2024 | +4.4% | +4.5% | +3.3% | |
| Q2 2024 | -1.8% | -3.6% | -13.7% | |
| Q1 2024 | +9.2% | +8.8% | +4.7% | |
| Q4 2023 | -0.2% | +2.8% | -8.7% | |
| Q3 2023 | -2.1% | -1.6% | -1.4% | |
| Q2 2023 | +3.1% | -1.4% | +6.4% | |
| Q1 2023 | +10.9% | +3.9% | +6.4% | |
| Q4 2022 | -6.1% | -4.3% | -8.3% | |
| Q3 2022 | +13.6% | +12.1% | +8.7% | |
| Q2 2022 | -3.4% | -3.7% | +2.0% | |
| Q1 2022 | +4.9% | +5.5% | -0.2% | |
| Q4 2021 | -7.4% | -8.7% | -7.2% | |
| Q3 2021 | +1.1% | +1.7% | +14.5% | |
| Q2 2021 | +8.9% | -2.3% | +23.5% | |
| Q1 2021 | +4.9% | -0.4% | +0.3% | |
| Q4 2020 | -1.6% | -3.8% | +10.9% | |
| Q3 2020 | -20.9% | -19.7% | -14.6% | |
| Q2 2020 | +1.8% | -1.1% | -9.5% | |
| Q1 2020 | +10.3% | +9.4% | +4.4% | |
| Q4 2019 | -4.6% | -1.4% | +2.4% | |
| Q3 2019 | -12.4% | -10.2% | +11.1% | |
| Q2 2019 | -13.4% | -10.8% | -22.1% | |
| Q1 2019 | +11.5% | +10.9% | +13.9% | |
| Q4 2018 | -5.9% | -1.9% | -1.3% | |
| Q3 2018 | -14.0% | -11.6% | -11.6% | |
| Q2 2018 | -1.0% | +3.4% | +2.4% | |
| Q1 2018 | -5.4% | -6.6% | -8.5% | |
| Q4 2017 | -10.1% | -10.6% | -8.1% | |
| Q3 2017 | +1.5% | +4.9% | +17.3% | |
| Q2 2017 | -2.7% | +0.1% | -1.3% | |
| Q1 2017 | +4.6% | -3.0% | +8.1% | |
| Q4 2016 | +4.0% | — | — | |
| Q3 2016 | +0.1% | — | — | |
| Q2 2016 | -3.6% | — | — | |
| Q1 2016 | -2.3% | — | — | |
| Q4 2015 | +11.6% | — | — | |
| Q3 2015 | +3.7% | — | — | |
| Q2 2015 | +10.4% | — | — | |
| Q1 2015 | +9.6% | — | — | |
| Q4 2014 | +1.4% | — | — | |
| Q3 2014 | +5.0% | — | — | |
| Q2 2014 | -0.9% | — | — | |
| Q1 2014 | +4.6% | — | — | |
| Q4 2013 | -11.0% | — | — | |
| Q3 2013 | +5.9% | — | — | |
| Q2 2013 | +13.4% | — | — | |
| Q1 2013 | +4.0% | — | — | |
| Q4 2010 | -1.8% | — | — | |
| Q4 2012 | -5.5% | — | — | |
| Q3 2011 | +0.2% | — | — | |
| Q3 2012 | +11.5% | — | — | |
| Q4 2011 | -3.4% | — | — | |
| Q2 2011 | -3.4% | — | — | |
| Q2 2012 | -0.4% | — | — | |
| Q1 2012 | -2.5% | — | — | |
| Q1 2011 | -3.8% | — | — |
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