Gibraltar Industries (ROCK) to Release Quarterly Earnings on Wednesday

Gibraltar Industries (NASDAQ:ROCK) is scheduled to release its earnings data before the market opens on Wednesday, July 31st. Analysts expect Gibraltar Industries to post earnings of $1.26 per share for the quarter. Gibraltar Industries has set its FY24 guidance at $4.57-4.82 EPS and its FY 2024 guidance at 4.570-4.820 EPS.Investors that are interested in participating in the company’s conference call can do so using this link.

Gibraltar Industries (NASDAQ:ROCK) last announced its quarterly earnings data on Wednesday, May 1st. The construction company reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.04. Gibraltar Industries had a return on equity of 14.39% and a net margin of 8.31%. The business had revenue of $292.51 million during the quarter, compared to analysts’ expectations of $296.29 million. During the same quarter last year, the business posted $0.70 EPS. The business’s quarterly revenue was down .3% compared to the same quarter last year. 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 Stock Performance

Shares of Gibraltar Industries stock opened at $80.57 on Tuesday. The business has a 50-day simple moving average of $72.24 and a 200-day simple moving average of $75.74. The company has a market cap of $2.45 billion, a PE ratio of 21.66 and a beta of 1.15. Gibraltar Industries has a one year low of $59.66 and a one year high of $87.40.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Gibraltar Industries from a “buy” rating to a “strong-buy” rating in a report on Monday, April 29th.

Gibraltar Industries Company Profile

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.