Can APOG sustain its earnings momentum into 2025?

**Apogee Enterprises (APOG) faces challenges in sustaining its earnings momentum into 2025**, as evidenced by the following points:

1. **Recent Performance**: APOG's most recent report period for Q3 2025 shows a decline in net income and revenue growth compared to the previous quarter. The net income growth rate is -22.19%, and the revenue growth rate is 0.48%. This indicates a slowdown in earnings momentum.

|code|Ticker|Name|Date|Net Income YoY|market_code|
|---|---|---|---|---|---|
|APOG|APOG.O|Apogee Enterprises|2024 Q4|-22.18376026110177|185|
|APOG|APOG.O|Apogee Enterprises|2025 Q1|31.53630810994231|185|
|APOG|APOG.O|Apogee Enterprises|2025 Q2|-8.284574069073123|185|
|APOG|APOG.O|Apogee Enterprises|2025 Q3|-22.1880329205902|185|

|code|Ticker|Name|Date|Total Revenue YoY|market_code|
|---|---|---|---|---|---|
|APOG|APOG.O|Apogee Enterprises|2024 Q4|5.153950102439662|185|
|APOG|APOG.O|Apogee Enterprises|2025 Q1|-8.348331411920501|185|
|APOG|APOG.O|Apogee Enterprises|2025 Q2|-3.1766452251360713|185|
|APOG|APOG.O|Apogee Enterprises|2025 Q3|0.47981537410880915|185|

|code|Ticker|Name|Date|Diluted EPS YoY|market_code|
|---|---|---|---|---|---|
|APOG|APOG.O|Apogee Enterprises|2025 Q1|34.28571428571428|185|
|APOG|APOG.O|Apogee Enterprises|2025 Q2|-7.89473684210527|185|
|APOG|APOG.O|Apogee Enterprises|2025 Q3|-21.951219512195124|185|

2. **Market Pressures**: The company has faced market pressures, as mentioned in the earnings call highlights for Q3 2025. These pressures could continue to impact the company's performance in 2025.
3. **Strategic Initiatives**: Apogee has been leveraging strategic acquisitions and operational improvements to sustain growth. The success of these initiatives in 2025 will be crucial in determining the company's earnings momentum.
4. **Analyst Expectations**: The average analyst price target for APOG is $62, with a consensus rating of "Neutral". This suggests that analysts are not currently projecting a strong rebound in earnings for 2025.

5. **Historical Trends**: Historical financial reports show that while Apogee has had strong quarters (such as Q2 2024), there is a risk of volatility in its earnings and revenue figures. This volatility could persist into 2025.

In conclusion, while Apogee has taken steps to sustain growth, the current earnings momentum does not appear strong enough to guarantee a robust performance in 2025. The company's ability to execute strategic plans and withstand market pressures will be key factors in determining its future earnings trajectory.