Gibraltar Industries reports news on its residential, agtech and infrastructure products and services, including operating results, guidance and investor conference activity. Coverage reflects its focus on building products and structures after reclassifying Renewables as discontinued operations, with updates on acquisitions, integration work, divestitures, commodity-cost trends, project timing, backlog and demand in residential, greenhouse and indoor growing markets.
Gibraltar Industries, Inc. (Nasdaq: ROCK) reported its first quarter 2024 financial results with essentially flat net sales but a strong increase in EPS. The company anticipates growth in all segments, with Renewables and Agtech returning to top-line growth. Adjusted net income and EPS saw positive growth, while operating cash flow stood at $53.2 million. The company reaffirmed its 2024 outlook with a revenue growth of 4-9% and EPS growth of 12-20%.
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