Welcome to our dedicated page for Gibraltar Industries news (Ticker: ROCK), a resource for investors and traders seeking the latest updates and insights on Gibraltar Industries 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, Inc. (NASDAQ: ROCK) has announced the appointment of William Bosway as Chairman of the Board, effective January 1, 2022. He succeeds William Montague, who will transition to Chairman Emeritus upon retirement. The board also appointed Atlee Valentine Pope as Lead Independent Director. The changes reflect confidence in Bosway’s leadership and a strategic focus on higher-growth markets. The board structure will consist of 8 directors post-transition, with 7 being independent, ensuring robust governance.
Gibraltar Industries reported a 25% increase in Q3 revenue to $369.4 million, with organic growth of 4% and acquisitions contributing 21%. GAAP EPS declined to $0.84, while adjusted EPS was $0.91, reflecting inflation and supply chain challenges. The backlog rose 10% to $385 million, driven predominantly by the Renewables sector. Despite operational hurdles, the company anticipates a revenue growth of 27%-31% for the year with adjusted EPS growth of 8%-12%, adjusting its guidance in light of continued inflation and supply disruptions.
Gibraltar Industries, Inc. (NASDAQ: ROCK) announced the scheduled release of its third quarter 2021 financial results on October 27, 2021, at 7:30 a.m. ET. A conference call to discuss the results will follow at 9:00 a.m. ET, hosted by CEO William Bosway and CFO Timothy Murphy. The call can be accessed through the company's website or by phone. Gibraltar specializes in the renewable energy, residential, agtech, and infrastructure markets, focusing on creating sustainable value through a three-pillar strategy.
Gibraltar Industries, Inc. (Nasdaq: ROCK) announced that CEO Bill Bosway and CFO Tim Murphy will present at the Sidoti Fall Virtual Investor Conference on September 23, 2021, at 11:30 AM ET, where they will engage with investors. The presentation will be available via webcast on Gibraltar’s website. Founded over two decades ago, Sidoti & Company specializes in independent securities research for small and microcap companies, catering to over 500 institutional clients in North America. Gibraltar focuses on renewable energy, residential, agtech, and infrastructure markets.
Gibraltar Industries (Nasdaq: ROCK) announced that President and CEO Bill Bosway, along with CFO Tim Murphy, will attend the Seaport Research Partners Annual Summer Investor Conference virtually on August 24, 2021. The conference will involve meetings with investors, providing an opportunity for discussion about the company’s strategic goals and performance. Gibraltar specializes in products and services for renewable energy, residential, agtech, and infrastructure markets, focusing on sustainable value creation through effective business systems and talent development.
Gibraltar Industries (Nasdaq: ROCK) reported solid Q2 2021 results with a 36.5% increase in net sales to $348.4 million and a 7.8% rise in GAAP net income to $26.4 million. Adjusted EPS increased 6.9% to $0.80. The company achieved 92.5% revenue growth in its Renewables segment and a 54% increase in order backlog, totaling over $400 million. Despite inflationary pressures affecting margins, Gibraltar maintains its full-year guidance for revenue between $1.3 billion and $1.35 billion and GAAP EPS of $2.78 to $2.95.
Gibraltar Industries, Inc. (Nasdaq: ROCK) announced that its President Bill Bosway and CFO Tim Murphy will participate in the virtual Jefferies Industrials Conference on August 4, 2021. They will conduct meetings with investors throughout the day. The latest investor presentation will be accessible on Gibraltar’s website. The company focuses on renewable energy, residential, agtech, and infrastructure markets, aiming to create sustainable value with a strategy emphasizing business systems and talent development.
Gibraltar Industries, Inc. (Nasdaq: ROCK) will release its second quarter 2021 financial results on August 3, 2021, at 7:30 a.m. ET. A conference call will follow at 9:00 a.m. ET, featuring CEO William Bosway and CFO Timothy Murphy discussing the results. Interested parties can listen via the company's website or by phone. Gibraltar specializes in products and services for renewable energy, residential, agtech, and infrastructure markets, aiming to deliver sustainable value through a three-pillar strategy focused on business systems, portfolio management, and talent development.
Gibraltar Industries, a leader in renewable energy, residential, agtech, and infrastructure sectors, will have CEO Bill Bosway and CFO Tim Murphy present at the CJS Securities 21st Annual New Ideas Summer Conference on July 13, 2021, at 3:05 PM ET. They will also engage in investor meetings that day. A live webcast of the presentation will be accessible on Gibraltar's website. The company employs a three-pillar strategy to drive sustainable growth in profitable markets, servicing primarily North American customers.
Gibraltar Industries, Inc. (Nasdaq: ROCK) reported a 33.5% increase in net sales to $287.6 million for Q1 2021, driven by strong performances in the Renewables and Residential segments. Adjusted EPS rose 30.8% to $0.53. The company achieved robust organic growth of 10% and benefitted from recent acquisitions, including TerraSmart. Additionally, the order backlog strengthened to $355 million, reflecting solid execution amid pandemic challenges. Gibraltar is restructuring its reporting segments for better transparency, now focusing on Renewables, Residential, Agtech, and Infrastructure.
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