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Gibraltar Industries Reports Strong Q4 Profit, Beats Estimates

Gibraltar Industries Inc. reports a strong profit increase, with Q4 earnings of $46.2 million or $1.50 per share, exceeding expectations. However, revenue fell by 8.1% to $302.1 million. The company forecasts growth for 2025.

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AI Rating:   7
Earnings Per Share (EPS)
Gibraltar Industries reported a profit of $46.2 million or $1.50 per share for the fourth quarter, which is a significant increase from the $19.4 million or $0.63 per share reported last year. This performance not only exceeded the previous year's figures but also surpassed analyst expectations of $0.91 per share, indicating strong profitability.

Revenue Growth
Despite the strong EPS, Gibraltar Industries faced a decline in revenue, which fell by 8.1% to $302.1 million from $328.8 million the previous year. This decline might raise concerns among investors regarding the company’s growth trajectory.

Future Outlook
The company has optimistic projections for 2025, expecting a rise in annual adjusted earnings and sales, with net income predicted to be between $4.25 and $4.50 per share and adjusted earnings between $4.80 and $5.05 per share on sales of $1.40 to $1.45 billion. Furthermore, the full-year 2024 projections show a net income per share of $4.46, indicating a stable financial performance going forward.