07:19 AM EDT, 06/27/2024 (MT Newswires) -- Apogee Enterprises ( APOG ) reported fiscal Q1 adjusted earnings Thursday of $1.44 per diluted share, up from $1.05 a year earlier.

Three analysts polled by Capital IQ expected $0.99.

Net sales for the quarter ended June 1 were $331.5 million, compared with $361.7 million a year earlier.

The analysts polled by Capital IQ expected $328.5 million.

The company said it raised its fiscal 2025 adjusted EPS outlook to a range of $4.65 to $5 from its previous forecast of $4.35 to $4.75 while maintaining its expectations for a net sales fall of 4% to 7%. Three analysts polled by Capital IQ expect an adjusted EPS of $4.52 on revenue of $1.33 billion.

Apogee Enterprises' ( APOG ) shares were up more than 3% in recent Thursday premarket activity.

Price: 61.50, Change: +2.25, Percent Change: +3.80