Preview Of Gibraltar Industries, Inc. ($ROCK) 3Q20 Earnings

Gibraltar Industries, Inc. (NASDAQ:ROCK) is reporting third quarter earnings results on Thursday 29th October 2020, before market open.

The consensus estimates from Thomson Reuters are income of $ 0.97 per share.

For the full year, analysts predict revenues of $ 1150.40 million, while looking forward to income of $ 2.93 per share.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 1,210.00 million ~ $ 1,230.00 million, where as bottomline are predicted in a range of $ 2.95 ~ $ 3.12 per share

Click Here For More Historical Outlooks Of Gibraltar Industries, Inc.

Previous Quarter Performance

Gibraltar Industries, Inc. unfold income for the second quarter of $ 0.84 per share, from the revenue of $ 285.81 million. The quarterly earnings 15.07 percent while revenues gained 8.81 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.42 per share from $ 243.85 million in revenue. The bottom line results beat street analysts by $ 0.42 or 100.00 percent, at the same time, top line results outshined analysts by $ 41.96 million or 17.21 percent.

Stock Performance

Shares of Gibraltar Industries, Inc. traded up $ 1.21 or 1.94 percent on Wednesday, reaching $ 63.50 with volume of 262.40 thousand shares. Gibraltar Industries, Inc. has traded high as $ 64.04 and has cracked $ 60.87 on the downward trend

According to the previous trading day, closing price of $ 63.50, representing a 103.56 % increase from the 52 week low of $ 30.60 and a 15.82 % decrease over the 52 week high of $ 74.00.

The company has a market capital of $ 2.06 billion and is part of the Basic Materials sector and Building Materials industry.

Conference Call

Gibraltar Industries, Inc. will be hosting a conference call at 9:00 AM eastern time on 29th October 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.gibraltar1.com

Gibraltar Industries, Inc. manufactures and distributes building products in North America and Asia. It operates through three segments: Residential Products, Industrial and Infrastructure Products, and Renewable Energy and Conservation.

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