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Gibraltar Industries Q1 2023 Earnings Report

Gibraltar Industries logo
$71.69 -1.12 (-1.54%)
(As of 12/3/2024 05:48 PM ET)

Gibraltar Industries EPS Results

Actual EPS
$0.70
Consensus EPS
$0.62
Beat/Miss
Beat by +$0.08
One Year Ago EPS
$0.60

Gibraltar Industries Revenue Results

Actual Revenue
$293.27 million
Expected Revenue
$298.90 million
Beat/Miss
Missed by -$5.63 million
YoY Revenue Growth
-7.70%

Gibraltar Industries Announcement Details

Quarter
Q1 2023
Time
Before Market Opens
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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. The Residential segment offers roof and foundation ventilation products and accessories; mail and electronic package solutions, including single mailboxes, cluster style mail and parcel boxes for single and multi-family housing, and electronic package locker systems; roof edgings and flashings; soffits and trims; drywall corner beads; metal roofing and accessories; rain dispersion products comprising gutters and accessories; and exterior retractable awnings. This segment also provides electronic parcel lockers, pipe flashings, and remote-controlled deck awnings and valances for sun protection. The Agtech segment offers growing and processing solutions, including the designing, engineering, manufacturing, construction, maintenance, and support of greenhouses; and indoor growing operations for retail, fruits and vegetables, flowers, cannabis, commercial, institutional and conservatories, and car wash structure applications. The Infrastructure segment offers expansion joints, structural bearings, rubber pre-formed seals and other sealants, elastomeric concrete, and bridge cable protection systems. It serves solar developers, home improvement retailers, wholesalers, distributors, and contractors, as well as institutional and commercial growers of fruit, vegetables, flowers, and plants. Gibraltar Industries, Inc. was founded in 1972 and is headquartered in Buffalo, New York.

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