earnings
confidence high
sentiment negative
materiality 0.85
Gibraltar cuts FY2024 guidance; Q3 preliminary sales and EPS decline YoY
GIBRALTAR INDUSTRIES, INC.
2025-Q3 EPS
reported $2.96
vs consensus $1.23
▲ beat
(+139.8%)
- Preliminary Q3 2024 net sales $359-362M (down ~8% YoY from $390.7M); GAAP EPS $1.09-1.12 vs $1.28.
- Adjusted EPS Q3 2024 $1.25-1.28 (vs $1.37 in Q3 2023).
- FY2024 net sales guidance reduced to $1.31-1.33B (from $1.38-1.42B); GAAP EPS to $3.57-3.71 (from $4.04-4.29).
- Adjusted EPS FY2024 guidance lowered to $4.11-4.25 (prior $4.57-4.82).
- Headwinds from solar AD/CVD investigations and slower Residential repair/remodel market.