Brokerages expect that Gibraltar Industries, Inc. (NASDAQ:ROCK) will report earnings per share of $0.34 for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for Gibraltar Industries’ earnings, with the highest EPS estimate coming in at $0.37 and the lowest estimate coming in at $0.31. Gibraltar Industries reported earnings per share of $0.30 during the same quarter last year, which suggests a positive year-over-year growth rate of 13.3%. The company is expected to announce its next quarterly earnings results on Friday, February 16th.

On average, analysts expect that Gibraltar Industries will report full-year earnings of $1.65 per share for the current fiscal year, with EPS estimates ranging from $1.62 to $1.67. For the next fiscal year, analysts anticipate that the business will post earnings of $1.79 per share, with EPS estimates ranging from $1.72 to $1.85. Zacks Investment Research’s EPS averages are an average based on a survey of research analysts that cover Gibraltar Industries.

Gibraltar Industries (NASDAQ:ROCK) last announced its quarterly earnings results on Friday, November 3rd. The construction company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.11. Gibraltar Industries had a net margin of 3.08% and a return on equity of 10.77%. The company had revenue of $274.57 million during the quarter, compared to the consensus estimate of $275.80 million. During the same quarter in the previous year, the company posted $0.55 earnings per share. The company’s revenue for the quarter was up .7% compared to the same quarter last year.

Several equities research analysts recently weighed in on ROCK shares. KeyCorp reaffirmed a “buy” rating and issued a $39.00 price objective on shares of Gibraltar Industries in a report on Sunday, October 15th. Zacks Investment Research upgraded shares of Gibraltar Industries from a “hold” rating to a “buy” rating and set a $37.00 price target on the stock in a research report on Tuesday, November 7th. TheStreet upgraded shares of Gibraltar Industries from a “c” rating to a “b-” rating in a research report on Friday, November 3rd. Finally, BidaskClub cut shares of Gibraltar Industries from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 1st. One investment analyst has rated the stock with a sell rating and three have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $42.00.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Tower Research Capital LLC TRC acquired a new stake in Gibraltar Industries during the 2nd quarter worth about $147,000. SG Americas Securities LLC purchased a new position in Gibraltar Industries during the 3rd quarter valued at about $157,000. Profund Advisors LLC grew its stake in Gibraltar Industries by 9.1% during the 2nd quarter. Profund Advisors LLC now owns 5,756 shares of the construction company’s stock valued at $205,000 after acquiring an additional 480 shares in the last quarter. State of Alaska Department of Revenue grew its stake in Gibraltar Industries by 78.7% during the 2nd quarter. State of Alaska Department of Revenue now owns 6,238 shares of the construction company’s stock valued at $222,000 after acquiring an additional 2,748 shares in the last quarter. Finally, Aperio Group LLC grew its stake in Gibraltar Industries by 1.4% during the 2nd quarter. Aperio Group LLC now owns 7,200 shares of the construction company’s stock valued at $257,000 after acquiring an additional 101 shares in the last quarter.

Gibraltar Industries (ROCK) traded down $0.10 during mid-day trading on Friday, reaching $31.65. 177,722 shares of the company traded hands, compared to its average volume of 248,200. The firm has a market capitalization of $972.83, a P/E ratio of 19.19 and a beta of 1.78. Gibraltar Industries has a 1-year low of $25.61 and a 1-year high of $48.05. The company has a quick ratio of 1.93, a current ratio of 2.36 and a debt-to-equity ratio of 0.41.

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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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Earnings History and Estimates for Gibraltar Industries (NASDAQ:ROCK)

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