Glass maker Apogee raises profit forecast, shares rise

Glass products maker Apogee Enterprises Inc (APOG.O) reported a quarterly profit above estimates and raised its full-year profit forecast as sales rose in its architectural business, sending its shares up 12 percent in extended trading.

The company, which makes windows and glass facades for buildings such as Seven World Trade Center and Bank of America Tower in New York, raised its earnings forecast for fiscal 2013 to between 56 and 64 cents per share from its prior estimate of between 48 and 58 cents per share./font>

Read more here.

600450 Glass maker Apogee raises profit forecast, shares rise glassonweb.com
Date: 24 September 2012
Source: www.reuters.com

See more news about:

See more from these topics:

Others also read

The Marcus Mariota Sports Performance Center features an athletic wellness performance facility and an interior constructed of eye-catching glass displays, including a trophy lobby with Tru Vue® UltraVue® Laminated Glass display cases.
Investments, productivity improvements enable Utah plant closure; Restructuring charges reflected in previous fiscal 2018 outlook.
The institutional investor purchased 5,376 shares of the industrial products company’s stock, valued at approximately $259,000.
WICONA, the specialist manufacturer of glazing and glass curtain walling, has worked with specialist contractor GLASSOLUTIONS to deliver the glazing and facades package for One Bedford Avenue, a flagship mixed use development in Central London.
Linetec elevates the aesthetics of anodize to new heights with the addition of a proprietary Brushed Stainless finish.
He is based in Dallas and reports directly to Tubelite regional sales manager Terry Robinholt. They work closely with glazing contractors and architectural teams across the region to provide assistance with storefront, curtainwall, entrances and daylight control systems.

Add new comment