Gibraltar Industries (ROCK) to Release Earnings on Wednesday

Gibraltar Industries (NASDAQ:ROCK) is set to release its earnings data before the market opens on Wednesday, May 1st. Analysts expect Gibraltar Industries to post earnings of $0.76 per share for the quarter. Gibraltar Industries has set its FY 2024 guidance at 4.570-4.820 EPS and its FY24 guidance at $4.57-$4.82 EPS.Investors interested in listening to the company’s conference call can do so using this link.

Gibraltar Industries (NASDAQ:ROCK) last issued its quarterly earnings data on Wednesday, February 21st. The construction company reported $0.85 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.01). The business had revenue of $328.80 million for the quarter, compared to analyst estimates of $331.40 million. Gibraltar Industries had a net margin of 8.02% and a return on equity of 14.50%. The firm’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.72 earnings per share. On average, analysts expect Gibraltar Industries to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Gibraltar Industries Price Performance

Shares of NASDAQ ROCK opened at $73.46 on Wednesday. The stock has a market capitalization of $2.24 billion, a P/E ratio of 20.46 and a beta of 1.17. The company has a 50-day moving average price of $77.39 and a 200-day moving average price of $74.58. Gibraltar Industries has a 1 year low of $48.01 and a 1 year high of $87.40.

Analyst Ratings Changes

Separately, StockNews.com cut shares of Gibraltar Industries from a “strong-buy” rating to a “buy” rating in a report on Friday, March 29th.

About Gibraltar Industries

Gibraltar Industries, Inc manufactures and provides products and services for the renewable energy, residential, agtech, and infrastructure markets in the United States and internationally. It operates through four segments: Renewables, Residential, Agtech, and Infrastructure. The Renewables segment designs, engineers, manufactures, and installs solar racking and electrical balance of systems for commercial and distributed generation scale solar installations.