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

Gibraltar Industries

03/05/2023 14:33

* Gibraltar Industries Inc  ROCK.OQ  reported quarterly
adjusted
earnings of 70 cents​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of 55 cents per share.
    * Revenue fell 8.5% to $290.80 million from a year ago;
analysts
expected $298.90 million. 
    * Gibraltar Industries Inc's reported EPS for the quarter
was 68
cents​.
    * The mean earnings estimate of analysts had fallen by
about 5.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Gibraltar Industries Inc shares had risen by 2.9% this
quarter and gained 8.8% so far this year.
    * The company reported quarterly net income of $21.1
million.
    * Wall Street's median 12-month price target for Gibraltar
Industries Inc is $65.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
3 at 01:33 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.55           0.70           Beat
 Dec. 31 2022      0.73           0.72           Missed
 Sep. 30 2022      0.99           1.12           Beat
 Jun. 30 2022      0.80           0.96           Beat