Gibraltar Industries (NASDAQ:ROCK) Issues Quarterly Earnings Results, Beats Estimates By $0.06 EPS

Gibraltar Industries (NASDAQ:ROCK - Get Free Report) released its quarterly earnings results on Wednesday. The construction company reported $1.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.95 by $0.06, Zacks reports. The business had revenue of $302.06 million during the quarter, compared to the consensus estimate of $307.93 million. Gibraltar Industries had a return on equity of 13.19% and a net margin of 10.49%. The business's revenue was down 8.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.85 EPS. Gibraltar Industries updated its FY 2025 guidance to 4.800-5.050 EPS and its FY25 guidance to $4.80-5.05 EPS.

Gibraltar Industries Trading Down 0.6 %

Shares of NASDAQ:ROCK traded down $0.39 during midday trading on Friday, hitting $64.89. 409,096 shares of the stock were exchanged, compared to its average volume of 203,332. The stock has a market cap of $1.97 billion, a P/E ratio of 14.52 and a beta of 1.20. Gibraltar Industries has a twelve month low of $55.31 and a twelve month high of $81.90. The company has a 50 day moving average price of $60.62 and a 200-day moving average price of $65.94.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Gibraltar Industries from a "buy" rating to a "strong-buy" rating in a research note on Thursday.

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.