earnings
confidence high
sentiment neutral
materiality 0.75
Gibraltar Q4 revenue up 26% to $334.4M; adj. EPS $0.54; FY22 guidance rev $1.38B-$1.43B, adj. EPS $3.20-$3.40
GIBRALTAR INDUSTRIES, INC.
2021-FY EPS reported
$2.29
revenue$1,339,783,000
- Q4 net sales $334.4M (+26.1% YoY), GAAP EPS $0.30, adjusted EPS $0.54.
- Renewables revenue $108.7M (+68.3%) but adj. op. margin fell to 1.3% on supply disruptions and steel inflation.
- Residential revenue $159.5M (+24.4%), adj. op. margin 16.6% (+70 bps) on pricing/volume gains.
- FY21 revenue $1.34B, GAAP EPS $2.25, adj. EPS $2.78; FY22 guidance: rev $1.38B-$1.43B, GAAP EPS $2.80-$3.00, adj. EPS $3.20-$3.40.
- Appointed K. Bolanowski as VP, Secretary; J. Watorek remains VP and Treasurer.