NASDAQ$APOG

Apogee Enterprises Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Apogee Enterprises reported Q4 2020 earnings with EPS above prior guidance, significant backlog growth, and strong cash flow.

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

Headline financials

Total Revenue

$337M

Previous: $346M-2.6%
EPS (adj)

$0.51

Previous: $0.85-40.0%
Cash Flow from Operations

$54M

No prior period
Architectural Services Backlog

$660M

Previous: $607M+8.7%
Capital Expenditures

$10.3M

Previous: $26.9M-61.8%
Free Cash Flow

$43.4M

Previous: -$1.07M+4153.1%
Net Income

$12M

Previous: -$12.1M+199.0%
Operating Income

$15.6M

Previous: -$14.8M+205.8%
Gross Profit

$77.5M

Previous: $44.3M+75.0%
Cash & Equivalents

$15M

Previous: $17.1M-12.5%
Total Assets

$1.13B

Previous: $1.07B+5.7%
Stock-Based Comp

$1.99M

Previous: $1.56M+27.4%

Revenue & EPS history

Apogee Enterprises · Revenue · Quarterly

$337M

Q4 2020-2.6%vs Q4 2019
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Revenue by segment

Apogee Enterprises · $172M total across 2 segments · Q4 2020

  • Architectural Glass
    $98.3M-5.2%
  • Architectural Services
    $73.4M+10.7%

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.

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 Q4 2020

Historical avgQ4 2020

-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

Earnings price reactions
QuarterReport dateReaction (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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