Gibraltar Industries (ROCK) to Release Quarterly Earnings on Wednesday

Gibraltar Industries (NASDAQ:ROCK - Get Free Report) is scheduled to be posting its quarterly earnings results before the market opens on Wednesday, October 30th. 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 - Get Free Report) last issued its quarterly earnings results on Wednesday, July 31st. The construction company reported $1.18 EPS for the quarter, missing analysts' consensus estimates of $1.26 by ($0.08). Gibraltar Industries had a return on equity of 13.91% and a net margin of 8.49%. The firm had revenue of $353.00 million for the quarter, compared to analyst estimates of $373.60 million. During the same period in the prior year, the firm posted $1.18 EPS. The business's revenue was down 3.3% compared to the same quarter last year. On average, analysts expect Gibraltar Industries to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Gibraltar Industries Stock Up 0.4 %

Shares of NASDAQ:ROCK traded up $0.28 during trading on Thursday, hitting $65.37. The stock had a trading volume of 127,570 shares, compared to its average volume of 175,678. Gibraltar Industries has a 12-month low of $59.66 and a 12-month high of $87.40. The stock has a market capitalization of $1.99 billion, a price-to-earnings ratio of 17.34 and a beta of 1.14. The stock has a 50-day simple moving average of $68.38 and a two-hundred day simple moving average of $70.71.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of Gibraltar Industries from a "strong-buy" rating to a "buy" rating in a research note on Tuesday.

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.