Gulf Island Fabrication, Inc. (NASDAQ:GIFI) is reporting third quarter financial results on Monday 2nd November 2020, after market close.
According to analysts surveyed by Thomson Reuters, GIFI is expected to report 3Q20 loss of $ 0.24 per share from revenue of $ 70.50 million.
For the full year, analysts anticipate top line of $ 279.45 million, while looking forward to loss of $ 0.44 per share bottom line.
Stock Performance
On Friday, shares of Gulf Island Fabrication, Inc. has traded high as $ 3.37 and has cracked $ 3.26 on the downward trend, reaching $ 3.26 with volume of 5.10 thousand shares.
According to the previous trading day, closing price of $ 3.26, representing a 22.47 % increase from the 52 week low of $ 2.67 and a 45.41 % decrease over the 52 week high of $ 5.99.
The company has a market capital of $ 49.91 million and is part of the Energy sector and Oil & Gas Equipment & Services industry.
Conference Call
Gulf Island Fabrication, Inc. will be hosting a conference call at 5:00 PM eastern time on 2nd November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.gulfisland.com
Gulf Island Fabrication, Inc., together with its subsidiaries, operates as a fabricator of steel structures, modules, and marine vessels in the United States. It operates through in segments: Fabrication, Shipyard, Services, and EPC. The Fabrication segment fabricates modules for petrochemical and industrial facilities, foundations for alternative energy developments, and other steel structures.