Apogee Enterprises Inc. (APOG)
6:43 ET Apogee raises 2007 earnings outlook SAN FRANCISCO (MarketWatch) -- Apogee Enterprises Inc. (APOG) late Monday said it has raised its 2007 per-share earnings outlook to a range of 92 cents to 98 cents from its prior view of 88 cents to 94 cents. "Continued solid production efficiencies in our architectural segment, combined with a strong commercial construction market are allowing us to raise operating margin expectations for the year and, therefore, increase our earnings per share guidance," said Russell Huffer, Apogee chairman and chief executive, in a statement. The Minneapolis-based maker of glass products also said it now sees revenue growth of 12% to 15%. Apogee had previously expected revenue growth of 13% to 17%.
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