Gibraltar Industries: 4Q Earnings Snapshot
BUFFALO, N.Y. (AP) _ Gibraltar Industries Inc. (ROCK) on Thursday reported a fourth-quarter loss of $8.5 million, after reporting a profit in the same period a year earlier.
The Buffalo, New York-based company said it had a loss of 26 cents per share. Earnings, adjusted to account for discontinued operations and costs related to mergers and acquisitions, were 59 cents per share.
The building-products company posted revenue of $265.2 million in the period.
For the year, the company reported profit of $64.6 million, or $1.96 per share. Revenue was reported as $1.03 billion.
Gibraltar Industries expects full-year earnings in the range of $3.30 to $3.47 per share, with revenue in the range of $1.3 billion to $1.35 billion.
Gibraltar Industries shares have increased 36% since the beginning of the year. The stock has risen 86% in the last 12 months.