Gibraltar Industries (ROCK) Set to Announce Earnings on Wednesday

Gibraltar Industries (NASDAQ:ROCK) is scheduled to be issuing its quarterly earnings data before the market opens on Wednesday, July 31st. Analysts expect the company to announce 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 wish to register for 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. The company had revenue of $292.51 million during the quarter, compared to analysts’ expectations of $296.29 million. Gibraltar Industries had a net margin of 8.31% and a return on equity of 14.39%. The business’s quarterly revenue was down .3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.70 EPS. 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 Trading Down 0.4 %

Shares of ROCK opened at $80.57 on Tuesday. Gibraltar Industries has a twelve month low of $59.66 and a twelve month high of $87.40. The firm has a market capitalization of $2.45 billion, a P/E ratio of 21.66 and a beta of 1.15. The stock’s fifty day simple moving average is $72.24 and its 200 day simple moving average is $75.74.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded 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.