Why Apogee Enterprises Plummeted by Nearly 13% on Thursday

The shares of glass maker Apogee Enterprises (NASDAQ: APOG) were quite brittle on Thursday in the wake of the company's fiscal fourth quarter and full-year 2025 earnings release. Investors didn't take the news well, ultimately trading out of the stock and leaving it with an almost 13% decline in a trading session where the S&P 500 index rose by 2%.Much of this was due to the fact that Apogee posted declines in key fundamentals; net sales were down by nearly 5% year over year at less than $346 million, while generally accepted accounting principles (GAAP) net income cratered by 84% to almost $2.5 million, or $0.11 per share. The situation wasn't significantly better with operating income, which dipped 22% to $0.89. This meant a mixed quarter for Apogee. Collectively, analysts following the company's fortunes were estimating slightly over $336 million for revenue but a higher ($0.92) figure for per-share operating income. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool