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. (Nasdaq: ROCK) generates regular news and disclosures as a manufacturer and provider of products and services for the residential, agtech, renewable energy and infrastructure markets. Company updates often highlight its focus on building products and structures, portfolio decisions and participation in key industry and investor events.
News about Gibraltar frequently covers financial results, including quarterly net sales, earnings, margins, cash flow and segment performance for its residential, agtech, renewables and infrastructure businesses. Releases also discuss trends in areas such as residential roofing, building accessories, controlled environment agriculture projects and infrastructure-related activity, as well as backlog and demand indicators.
Investors following ROCK can also expect announcements on strategic actions. Gibraltar has reported a Board-approved plan to sell its Renewables business and reclassify that segment as discontinued operations, reflecting a shift toward building products and structures in residential, agtech and infrastructure. The company has also announced a Securities Purchase Agreement to acquire OmniMax International, a manufacturer of residential roofing accessories and rainwater management systems, subject to customary closing conditions.
In addition, Gibraltar issues news about investor conference participation and webcast presentations, where its leadership discusses strategy, market conditions and financial performance. These events include appearances at conferences hosted by firms such as CJS Securities, Sidoti and Seaport Research Partners.
This news page aggregates such press releases and related items so readers can review Gibraltar’s reported results, portfolio updates, acquisition announcements and investor outreach activities in one place.
Gibraltar Industries reported a 5.9% increase in revenue to $391.3 million for Q3 2022, with GAAP EPS rising 28.6% to $1.08. Adjusted revenue grew 6.4% to $389.0 million, driven by organic growth and the acquisition of Quality Aluminum Products. Notably, the Renewables segment faced a 14.7% revenue decline due to supply chain challenges, while the Residential segment achieved a 25.7% increase. The company raised its GAAP EPS outlook for 2022 to the range of $2.90 to $3.00.
Gibraltar Industries, Inc. (NASDAQ: ROCK) will release its third quarter 2022 financial results on November 3, 2022, at 7:30 a.m. ET. A conference call will follow at 9:00 a.m. ET, hosted by CEO William Bosway and CFO Timothy Murphy. Investors can access the call via the company's website or by phone. Gibraltar operates in renewable energy, residential, agtech, and infrastructure markets, aiming to enhance life quality through innovation.
Gibraltar Industries, Inc. (Nasdaq: ROCK) announced that its Chairman and CEO Bill Bosway and CFO Tim Murphy will participate in the Sidoti September Small-Cap Virtual Conference on September 22, 2022. They will engage in investor meetings throughout the day. Gibraltar specializes in products and services across renewable energy, residential, agtech, and infrastructure markets, aiming to enhance life for people and the planet through innovation. For more details, the latest slide presentation is available on their website.
On August 23, 2022, Blackford Capital announced the successful exit from its investment in Quality Aluminum Products (QAP), selling it to Gibraltar Industries, Inc. (NASDAQ: ROCK) for $54 million. QAP, acquired in January 2016, specializes in aluminum and steel products for wholesale markets. Under Blackford's management, QAP achieved a 17% annual revenue CAGR, emphasizing customer service and product quality. Blackford expressed confidence in QAP's continued growth under Gibraltar's residential business, further enhancing its production capabilities and market position.
Gibraltar Industries (NASDAQ: ROCK) has announced the acquisition of Quality Aluminum Products for $54 million in cash. This strategic move aims to enhance Gibraltar's residential product offerings and expand its market presence in the Midwest, Northeast, and South. For the 12 months ended July 31, 2022, QAP generated $93 million in revenue and $11.5 million in Adjusted EBITDA. The acquisition is expected to be immediately accretive to earnings, supporting Gibraltar's growth objectives and enhancing customer satisfaction.
Gibraltar Industries, Inc. (Nasdaq: ROCK) has announced that its Chairman and CEO, Bill Bosway, along with CFO Tim Murphy, will attend the Seaport Research Partners Annual Summer Investor Conference on August 23, 2022. The executives will hold meetings with investors throughout the day. Interested parties can view the latest slide presentation on Gibraltar's website. Gibraltar specializes in products and services for renewable energy, residential, agtech, and infrastructure sectors.
Gibraltar Industries reported strong Q2 2022 results, with GAAP revenue up 5% to $366.9 million and adjusted revenue up 7% to $364.2 million. GAAP EPS increased by 13% to $0.90, while adjusted EPS rose 19% to $0.96. The company's order backlog reached $408 million, up 5%. However, challenges in the Renewables segment due to trade issues and supply chain disruptions affected revenue. The company reaffirmed its full-year guidance of $1.38 billion to $1.43 billion in revenue and EPS of $2.80 to $3.00 GAAP, and $3.20 to $3.40 adjusted.
Gibraltar Industries (NASDAQ: ROCK) will release its Q2 2022 financial results on August 3, 2022, at 7:30 a.m. ET, followed by a conference call at 9:00 a.m. ET hosted by CEO William Bosway and CFO Timothy Murphy. The call will be accessible via the company's website and by phone. A replay will be available for one year. Gibraltar is a leading manufacturer in renewable energy, residential, agtech, and infrastructure markets, focused on innovation and sustainability across North America.
Gibraltar Industries, Inc. (NASDAQ: ROCK) announces that its Chairman and CEO, Bill Bosway, along with CFO Tim Murphy, will present at the CJS 22nd Annual New Ideas Summer Conference on July 12, 2022. They will also engage in investor meetings that day. Gibraltar is a key player in the renewable energy, residential, agtech, and infrastructure markets, focused on enhancing life through engineering and technology. For further details, the company's latest slide presentation is accessible on their website.
Gibraltar Industries, Inc. (NASDAQ: ROCK) announced that its Chairman and CEO, Bill Bosway, along with CFO Tim Murphy, will present at the Bank of America Clean Energy Conference on June 13, 2022. They will also hold investor meetings throughout the day. This event highlights Gibraltar's commitment to renewable energy and sustainable solutions across various markets, including residential and agtech sectors. For more details, the presentation will be accessible on Gibraltar's website.
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