Earnings Preview : Q3 2024 Is Shaping Up To Be An Important Quarter For Gibraltar Industries ($ROCK)

Mark your calendars for Wednesday 30th October 2024, as Gibraltar Industries (NASDAQ: ROCK) is set to unveil its third quarter financial results. This highly anticipated announcement will be made before market open, giving investors and market participants a chance to assess the company's financial performance.

Wall Street financial analysts are foreseeing that the business is likely to announce an estimated per share $1.25 profit for the quarter. Furthermore, it is anticipated that the company will disclose a total revenue of $360.43 million during the quarter.

Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $1.32 billion. Additionally, they are expecting the company to report profit of $4.15 per share for the fiscal year 2024.

The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $1.38. This figure was a result of the company's total revenue, which reached an impressive $390.74 million million during that specific period.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $1.18 0% 353.01 M -3.3%
Q1 2024 $0.80 +14.3% 292.51 M -0.3%
Q4 2023 $0.85 +18.1% 328.81 M +4.8%
Q3 2023 $1.38 +23.2% 390.74 M -0.1%
Q2 2023 $1.18 +22.9% 364.91 M -0.6%
*Growth on year-over-year basis

 

ROCK has scheduled a conference call on 30th October 2024 at 09:00 AM eastern time to discuss the third quarter financial results and other related information.

During Monday's trading, Gibraltar Industries (ROCK) shares reached a low of $65.68 and a high of $66.99, along with a total volume of 129.50 thousand shares. The stock ended the regular trading session at $65.72, demonstrating an upturn of 0.60 percent.

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