28.07.2016 13:57:17

Gibraltar Industries Inc. Q2 Earnings Climb 89%

(RTTNews) - Gibraltar Industries Inc. (ROCK) released a profit for its second quarter that advanced from last year.

The company said its bottom line totaled $14.79 million, or $0.46 per share. This was higher than $7.81 million, or $0.25 per share, in last year's second quarter.

Analysts had expected the company to earn $0.39 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.9% to $263.10 million. This was up from $253.17 million last year.

Gibraltar Industries Inc. earnings at a glance:

-Earnings (Q2): $14.79 Mln. vs. $7.81 Mln. last year. -Earnings Growth (Y-o-Y): 89.4% -EPS (Q2): $0.46 vs. $0.25 last year. -EPS Growth (Y-o-Y): 84.0% -Analysts Estimate: $0.39 -Revenue (Q2): $263.10 Mln vs. $253.17 Mln last year. -Revenue Change (Y-o-Y): 3.9%

-Guidance: Full year EPS guidance: $1.38 - $1.48 Full year revenue guidance: $1.02 - $1.03 Bln

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