Gibraltar Industries (NASDAQ:ROCK – Get Free Report) posted its quarterly earnings results on Wednesday. The construction company reported $1.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.95 by $0.06, Zacks reports. The business had revenue of $302.06 million for the quarter, compared to analysts’ expectations of $307.93 million. Gibraltar Industries had a return on equity of 13.19% and a net margin of 10.49%. The firm’s quarterly revenue was down 8.1% compared to the same quarter last year. During the same quarter last year, the business earned $0.85 earnings per share. 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 Stock Performance
ROCK opened at $65.20 on Friday. The company has a fifty day moving average price of $60.66 and a two-hundred day moving average price of $65.94. The firm has a market capitalization of $1.98 billion, a PE ratio of 14.59 and a beta of 1.20. Gibraltar Industries has a 52 week low of $55.31 and a 52 week high of $82.79.
Analyst Ratings Changes
Separately, StockNews.com raised shares of 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.
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