Gibraltar Industries Inc reports results for the quarter ended in December - Earnings Summary

Gibraltar Industries

21/02/2024 14:31

* Gibraltar Industries Inc  ROCK.OQ  reported quarterly
adjusted
earnings of 85 cents​​ per share for the quarter ended in
December, higher than the same quarter last year, when the
company reported EPS of 72 cents.  The mean expectation of
three analysts for the quarter was for earnings of 85 cents per
share. Wall Street expected results to range from 84 cents to 86
cents per share.
    * Revenue rose 4.8% to $328.81 million from a year ago;
analysts
expected $331.33 million. 
    * Gibraltar Industries Inc's reported EPS for the quarter
was 63
cents​.
    * The company reported quarterly net income of $19.43
million.
    * Gibraltar Industries Inc shares had risen by 7.9% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 3.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the construction
supplies & fixtures peer group is also "buy"

Wall Street's median 12-month price target for Gibraltar
Industries Inc is $85.00 
This summary was machine generated from LSEG data February 21 at
02:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.85           0.85           Met
 Sep. 30 2023      1.19           1.38           Beat
 Jun. 30 2023      0.92           1.18           Beat
 Mar. 31 2023      0.55           0.70           Beat