What Can We Expect From Gulf Island Fabrication ($GIFI) Q3 2024 Earnings?

Gulf Island Fabrication (NASDAQ: GIFI) is set to announce its financial results for the third quarter of 2024 on Tuesday 5th November 2024. This highly anticipated announcement is scheduled to take place after market close. Investors will have the opportunity to learn more about the company's performance during the quarter.

Financial analysts on Wall Street are predicting that the enterprise is about to reveal an estimated $0.13 profit per share for the quarter. Additionally, the company is projected to announce a total revenue of $42 million for this period.

Wall street experts have shared their forecasts for the company's annual performance, indicating that they predict the company will achieve a total revenue of $167.14 million. Additionally, they are expecting the earnings per share for the company to hit profit of $0.74 during the fiscal year.

Looking back at the corresponding quarter from the previous year, the company's earnings report revealed a per-share loss of $2.04. This notable figure was attributed to the company's total revenue, which settled at an impressive $5.02 million during that specific quarter.

 

The business has scheduled a conference call on 5th November 2024 at 05:00 PM eastern time to discuss Q3 financial results.

Gulf Island Fabrication (GIFI) shares experienced a range of $5.41 to $5.54 on a day volume of 16.40 thousand shares. The stock closed Friday's regular trading session at $5.44, demonstrating a 1.27 percent fall.

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