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GIFI — Gulf Island Fabrication News Story

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Gulf Island Fabrication Inc reports results for the quarter ended December 31 - Earnings Summary

Gulf Island Fabrication Inc GIFI.OQ reported quarterly adjusted earnings of 26 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 43 cents.  The lone analyst forecast for the quarter was for earnings of 12 cents per share.

Revenue was $37.42 million​; analysts expected $41.00 million.

Gulf Island Fabrication Inc shares had fallen by 4.8% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts was unchanged 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 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

The average consensus recommendation for the oil related services and equipment peer group is also "buy"

Wall Street's median 12-month price target for Gulf Island Fabrication Inc is $8.00

This summary was machine generated from LSEG data March 5 at 02:09 a.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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Dec. 31 20240.120.26Beat
Sep. 30 20240.130.14Beat
Jun. 30 20240.130.11Missed
Mar. 31 20240.080.37Beat

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