Glass maker Apogee raises profit forecast, shares rise

Date: 24 September 2012
Source: www.reuters.com

Date: 24 September 2012

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>

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