Gibraltar Industries, Inc. (ROCK) Issues Q4 Earnings Guidance
Gibraltar Industries, Inc. (NASDAQ:ROCK) updated its fourth quarter earnings guidance on Friday. The company provided EPS guidance of $0.29-0.36 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.38. The company issued revenue guidance of $231-236 million, compared to the consensus revenue estimate of $240.97 million.
A number of research firms recently commented on ROCK. BidaskClub downgraded Gibraltar Industries from a sell rating to a strong sell rating in a research report on Tuesday, August 1st. KeyCorp reiterated a buy rating and issued a $39.00 target price on shares of Gibraltar Industries in a research report on Sunday, October 15th. Finally, Zacks Investment Research upgraded Gibraltar Industries from a sell rating to a hold rating in a research report on Tuesday, July 11th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the stock. Gibraltar Industries has an average rating of Hold and an average target price of $44.50.
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Gibraltar Industries Company Profile
Gibraltar Industries, Inc is a manufacturer and distributor of building products for industrial, transportation infrastructure, residential housing, renewable energy and resource conservation markets. The Company’s segments include Residential Products; Industrial and Infrastructure Products, and Renewable Energy and Conservation.
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