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ROCK — Gibraltar Industries News Story

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Gibraltar Q2 net sales jump on OmniMax acquisition

Gibraltar Q2 net sales jump on OmniMax acquisition


Overview

  • U.S. building products maker's Q2 net sales from continuing ops rose 65% yr/yr, driven by OmniMax

  • Adjusted EPS for Q2 beat analyst expectations

  • Company reiterated full-year 2026 guidance and highlighted OmniMax integration progress


Outlook

  • Gibraltar sees 2026 net sales between $1.76 bln and $1.83 bln

  • Company expects 2026 adjusted EPS of $3.65 to $4.05

  • Gibraltar reiterates full-year 2026 guidance despite macroeconomic and geopolitical headwinds


Result Drivers

  • OMNIMAX ACQUISITION - Co said Q2 net sales growth was driven primarily by the OmniMax acquisition

  • RESIDENTIAL ORGANIC GROWTH - Co said organic growth and participation gains in Residential segment offset a flat-to-down market

  • PRICE ACTIONS - Co said price management actions and participation gains offset ongoing commodity and fuel inflation


Company press release: ID:nBw3Yk5W7a


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Adjusted EPS

Beat

$1.11

$1.02 (4 Analysts)

Q2 EPS

$0.92


Analyst Coverage

  • 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 "buy"

  • Wall Street's median 12-month price target for Gibraltar Industries, Inc. is $74.50, about 55% above its August 4 closing price of $48.06

  • The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 9 three months ago


Reuters Recommended Reads

  • Aug 5 - Owens Corning Q2 revenue and adjusted EPS beat estimates

  • Aug 4 - Fortune Brands Q2 adjusted EPS beats estimates

  • Aug 4 - MasterBrand Q2 sales boosted by American Woodmark deal, profit hit by costs


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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