Why Gibraltar Industries Stock Plunged 12% [The Motley Fool]
Gibraltar Industries, Inc. (ROCK)
Last gibraltar industries, inc. earnings: 2/28 07:30 am
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US:NASDAQ Investor Relations:
ir.gibraltar1.com/phoenix.zhtml?c=71926&p=irol-calendar
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Source: The Motley Fool
Missed estimates and generally lousy numbers make Gibraltar sink like a stone. Rich Smith ( TMFDitty ) May 5, 2017 at 3:34PM What happened Shares of building supplies distributor Gibraltar Industries ( NASDAQ:ROCK ) are plunging today, down 12% as of 2:15 p.m. EDT. So what Considering that it's earnings season on Wall Street, you might suspect that an earnings report had something to do with why Gibraltar is sinking like a rock -- and you'd be right. Gibraltar reported its fiscal Q1 2017 earnings results this morning, and the news was not great. Year over year, Q1 sales declined 13%, to $207 million, and profits tumbled 57%, to $0.12 per diluted share. Analysts had forecast sales of $209.9 million, which means that Gibraltar's results "missed estimates." Analysts also posited per-share profits of $0.21 per share. That right there tells
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ROCK
News
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- Gibraltar Industries, Inc. (NASDAQ: ROCK) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
ROCK
Earnings
- 2/21/24 - Miss
ROCK
Sec Filings
- 4/12/24 - Form 4
- 4/1/24 - Form 4
- 4/1/24 - Form 4
- ROCK's page on the SEC website