Gibraltar Industries Inc. Reports 319% Advance In Q1 Bottom Line

(RTTNews) - Gibraltar Industries Inc. (ROCK) reported earnings for its first quarter that gained ground from last year.

The company said its bottom line advanced to $7.59 million, or $0.24 per share. This was higher than $1.81 million, or $0.06 per share, in last year's first quarter.

Analysts had expected the company to earn $0.12 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 16.5% to $233.68 million. This was up from $200.62 million last year.

Gibraltar Industries Inc. earnings at a glance:

-Earnings (Q1): $7.59 Mln. vs. $1.81 Mln. last year. -Earnings Growth (Y-o-Y): 319.3% -EPS (Q1): $0.24 vs. $0.06 last year. -EPS Growth (Y-o-Y): 300% -Analysts Estimate: $0.12 -Revenue (Q1): $233.68 Mln vs. $200.62 Mln last year. -Revenue Change (Y-o-Y): 16.5%

-Guidance: Next quarter EPS guidance: $0.36 - $0.41 Full year EPS guidance: $1.30 - $1.40 Full year revenue guidance: $1.04 - $1.06 Bln