Welcome to our dedicated page for Gibraltar Inds news (Ticker: ROCK), a resource for investors and traders seeking the latest updates and insights on Gibraltar Inds stock.
Gibraltar Industries, Inc. (ROCK) is a prominent manufacturer and distributor of products for the building markets, serving a diverse array of customers across various industries in all 50 states and globally. With operational facilities in the United States, Canada, England, Germany, and Poland, Gibraltar Industries has established a strong international presence.
The company's common stock is included in the S&P SmallCap 600 and the Russell 2000® index, indicating its reputable market positioning.
Gibraltar Industries operates through several key segments:
- Renewables: Specializes in designing, engineering, manufacturing, and installing solar racking and electrical balance systems.
- Agtech: Provides comprehensive growing and processing solutions, which include the design, engineering, manufacturing, construction, maintenance, and support of greenhouses, indoor growing operations, and botanical extraction systems.
- Residential: This segment is pivotal for revenue generation, offering products such as roof and foundation ventilation systems, single point and centralized mail systems, electronic package solutions, retractable awnings, and gutter guards.
Recent Achievements: Gibraltar has been at the forefront of innovation, particularly in the renewable energy sector, reflecting their commitment to sustainable and efficient energy solutions. Their consistent performance and strategic initiatives continue to drive growth and expansion.
Current Projects: The company is actively engaged in several cutting-edge projects across its core business segments, ensuring sustained advancement and market leadership.
Financially, Gibraltar Industries maintains a robust condition with steady revenue streams primarily from its residential segment, supplemented by significant contributions from the renewables and agtech segments.
Through strategic partnerships and a commitment to quality, Gibraltar Industries remains a key player in the building markets, providing reliable products and services that meet diverse customer needs.
Gibraltar Industries (Nasdaq: ROCK), a leading manufacturer serving the residential, renewable energy, agtech and infrastructure markets, has announced its participation in the upcoming Gabelli Funds 35th Annual Pump, Valve, and Water Symposium.
Chairman and CEO Bill Bosway and CFO Joe Lovechio will present on Thursday, February 27, 2025, at 10:30 a.m ET. They will also conduct investor meetings throughout the day.
Interested parties can access the live webcast of Gibraltar's presentation by registering through Gabelli's conference website, after which they will receive the webcast link via email.
Gibraltar Industries (NASDAQ: ROCK) reported its Q4 and full-year 2024 financial results, with full-year GAAP EPS up 24% and adjusted EPS up 4% despite a 5% decrease in net sales. The company generated strong cash flow of $174 million in 2024.
Q4 net sales decreased 8.1% to $302.1 million, while GAAP net income more than doubled to $46.2 million ($1.50 per share). Adjusted net income increased 17.9% to $31.0 million ($1.01 per share). The company expanded its Agtech segment by acquiring Lane Supply for $120 million.
For 2025, Gibraltar projects net sales between $1.40-1.45 billion, GAAP EPS of $4.25-4.50, and adjusted EPS of $4.80-5.05. The company expects growth, margin expansion, and strong cash flow generation across all business segments.
Gibraltar Industries (Nasdaq: ROCK), a manufacturer serving residential, renewable energy, agtech and infrastructure markets, has scheduled its fourth quarter 2024 financial results release for February 19, 2025 at approximately 7:30 a.m. ET. The company will host a conference call and webcast at 9:00 a.m. ET the same day, featuring CEO Bill Bosway and CFO Joe Lovechio. The webcast will be accessible through Gibraltar's website investor section, with dial-in options available at (877) 407-3088 or (201) 389-0927. A replay will remain available on the company website for one year.
Gibraltar Industries (Nasdaq: ROCK), a leading manufacturer serving residential, renewable energy, agtech, and infrastructure markets, has announced its participation in the upcoming CJS Securities 25th Annual 'New Ideas for the New Year' Conference.
Chairman and CEO Bill Bosway and CFO Joe Lovechio will deliver a presentation on Tuesday, January 14, 2025, at 11:00 a.m ET, alongside conducting investor meetings throughout the day.
Interested parties can access the live webcast of Gibraltar's presentation through the company's investor relations website at https://ir.gibraltar1.com/reports-presentations.
Gibraltar Industries (Nasdaq: ROCK), a major manufacturer serving residential, renewable energy, agtech, and infrastructure markets, has announced its participation in the upcoming BofA Clean Energy Symposium.
Chairman and CEO Bill Bosway and CFO Joe Lovechio will engage with investors at the symposium scheduled for December 6, 2024.
Gibraltar Industries (ROCK) reported Q3 2024 financial results with net sales of $361.2 million, down 7.6% year-over-year, and adjusted EPS of $1.27, down 7.3%. The company generated strong operating cash flow of $65 million. While Agtech sales grew over 30%, performance was impacted by solar industry headwinds in Renewables and slowdown in Residential markets. The company confirmed its 2024 outlook with revenue guidance of $1.31-$1.33B and adjusted EPS of $4.11-$4.25.
Gibraltar Industries (Nasdaq: ROCK) has appointed James S. Metcalf as a new independent board member, effective October 25, 2024. Metcalf fills the position left by Craig Hindman's May 2024 retirement, bringing the board back to eight members. Metcalf brings extensive experience in construction materials, industrial manufacturing, and building products industries, having served as CEO of USG and Cornerstone Building Brands. At USG, he strengthened core businesses and restored profitability, while at Cornerstone he led manufacturing upgrades, M&A activities, and operational excellence initiatives until his 2022 retirement.
Gibraltar Industries (Nasdaq: ROCK) has announced it will release its third quarter 2024 financial results on Wednesday, October 30, 2024, at approximately 7:30 a.m. ET. The company, which manufactures products for residential, renewable energy, agtech and infrastructure markets, will host a conference call and webcast at 9:00 a.m. ET the same day. CEO Bill Bosway and CFO Joe Lovechio will lead the discussion. The webcast will be available for replay on the company's website for one year.
Gibraltar Industries (Nasdaq: ROCK) has revised its 2024 financial guidance due to ongoing market headwinds in its Renewables and Residential businesses. The company expects net sales to decline and GAAP and Adjusted EPS to be below last year's figures for Q3 2024. Key factors include:
1. Continued solar industry challenges due to trade and regulatory uncertainties.
2. Expiration of the tariff moratorium on panels from the first AD/CVD investigation on December 3, 2024.
3. Slower-than-expected Residential market, including repair and remodel sector.
4. Delayed benefits from participation gains as customers take longer to flush inventory from incumbent suppliers.
Gibraltar has updated its 2024 guidance, projecting net sales of $1,310 - $1,330 million, GAAP EPS of $3.57 - $3.71, and Adjusted EPS of $4.11 - $4.25.
Gibraltar Industries (Nasdaq: ROCK) announced its participation in the Sidoti Small Cap Conference on September 19, 2024. Chairman and CEO Bill Bosway and Senior VP Tim Murphy will present at 10:45 a.m. ET and meet with investors throughout the day.
Gibraltar, a leading manufacturer for residential, renewable energy, agtech, and infrastructure markets, will provide a live webcast of the presentation on their investor relations website. This event offers an opportunity for investors to gain insights into Gibraltar's operations and future strategies.
The company's involvement in the conference highlights its commitment to investor relations and transparency. Interested parties can access the presentation through Gibraltar's website, allowing for wider audience engagement beyond the conference attendees.
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