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

Gibraltar Industries (NASDAQ:ROCK) released its quarterly earnings results on Wednesday. The construction company reported $1.01 earnings per share 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 analysts’ expectations of $307.93 million. Gibraltar Industries had a return on equity of 13.13% and a net margin of 8.28%. The firm’s revenue for the quarter was down 8.1% compared to the same quarter last year. During the same period last year, the firm 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 Price Performance

Shares of NASDAQ:ROCK opened at $64.80 on Thursday. The firm has a 50 day simple moving average of $60.72 and a 200 day simple moving average of $65.95. The company has a market cap of $1.97 billion, a price-to-earnings ratio of 18.00 and a beta of 1.20. Gibraltar Industries has a one year low of $55.31 and a one year high of $85.36.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Gibraltar Industries from a “buy” rating to a “strong-buy” rating in a report on Thursday.

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.