Revenue Update on Gibraltar Industries Inc(NASDAQ:ROCK)

Gibraltar Industries Inc(NASDAQ:ROCK) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Jul 28, 2016. Company reported revenue of $263.10M. Analysts estimated a revenue of $271.27M. Earnings per share were $0.46. Analysts had estimated an EPS of $0.39.

Gibraltar Industries Inc (ROCK) made into the market gainers list on Thursdays trading session with the shares advancing 2.06% or 0.76 points. Due to strong positive momentum, the stock ended at $37.64, which is also near the day’s high of $37.9. The stock began the session at $36.83 and the volume stood at 4,60,730 shares. The 52-week high of the shares is $37.9 and the 52 week low is $15.94. The company has a current market capitalization of $1,184 M and it has 3,14,53,862 shares in outstanding.

Gibraltar Industries Inc. is a manufacturer and distributor of products that provide structural and architectural enhancements for residential homes retail other commercial and professional buildings industrial plants bridges and a range of other structures. The Company operates through two segments: Residential Products and Industrial and Infrastructure Products. Residential Products primarily includes roof and foundation ventilation products mail and package storage products rain dispersion products and roofing accessories. The Industrial and Infrastructure Products primarily includes fabricated bar grating expanded and perforated metal expansion joints and structural bearings. The Company serves customers in North America Europe Asia Africa Australia and Central and South America. As of December 31 2014 the Company operated 35 facilities in the United States five in Canada and two in Europe of which 27 were leased and 15 were owned.

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