Gibraltar Industries: Q1 Earnings Insights

Gibraltar Industries (NASDAQ:ROCK) reported its Q1 earnings results on Wednesday, May 3, 2023 at 07:30 AM. Here’s what…

Gibraltar Industries (NASDAQ:ROCK) reported its Q1 earnings results on Wednesday, May 3, 2023 at 07:30 AM.

Here’s what investors need to know about the announcement.

Earnings

Gibraltar Industries beat estimated earnings by 27.27%, reporting an EPS of $0.7 versus an estimate of $0.55.

Revenue was down $24.60 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 1.17% drop in the share price the next day.

Here’s a look at Gibraltar Industries’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.73 0.98 0.80 0.44
EPS Actual 0.72 1.12 0.96 0.60
Revenue Estimate 334.73M 380.87M 364.42M 307.87M
Revenue Actual 313.86M 391.29M 366.95M 317.87M

To track all earnings releases for Gibraltar Industries visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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