Apogee Enterprises Inc. (APOG) reported a second quarter profit of $0.18 per share after the close Wednesday, compared to the loss of $0.06 per share last year. The consensus estimate was for EPS of $0.09. The company also increased its full year 2013 EPS forecast to between $0.56 and $0.64, from prior expectations of $0.48 to $0.58.
Apogee Enterprises gapped open sharply higher Thursday, but traded in a range for the majority of the session. Shares finished up by 1.88 at $19.50 on the highest volume of the year. The stock broke out of a one-week range and set a new high for the year.
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