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Stock impact report

Gibraltar Industries Inc (ROCK) Reports Solid Q4 and Full Year 2023 Earnings [Yahoo! Finance]

Gibraltar Industries, Inc. (ROCK) 
Last gibraltar industries, inc. earnings: 2/28 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
EPS Growth : Q4 adjusted EPS up 18.1%, full-year GAAP EPS up 40%, and adjusted EPS up 21%. Operating Cash Flow : Strong cash generation of $218 million in 2023. 2024 Outlook : Revenue expected to grow 4-9%, with EPS projected to increase 12-20%. Warning! GuruFocus has detected 7 Warning Signs with ROCK. Gibraltar Industries Inc ( NASDAQ:ROCK ), a leading manufacturer and provider of products for the renewable energy, residential, agtech, and infrastructure markets, announced its financial results for the fourth quarter and full year ended December 31, 2023. The company released its 8-K filing on February 21, 2024, showcasing a strong finish to the year with a 5% revenue growth in Q4, a 50 basis point adjusted operating margin expansion, and an 18% increase in adjusted EPS. Despite flat annual net sales, Gibraltar Industries managed to increase both GAAP and adjusted EPS, along with free cash flow, aligning with the higher outlook from Q3 2023. Performance Highlights and Seg Show less Read more
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