Gibraltar Industries: 1Q Earnings Snapshot

Gibraltar Industries Inc. reported first-quarter profit of $6.3 million.

Id 39776 Gibraltar

Gibraltar Industries Inc. reported first-quarter profit of $6.3 million.

The Buffalo, New York-based company said it had net income of 19 cents per share. Earnings, adjusted for non-recurring costs and restructuring costs, were 28 cents per share.

The building-products company posted revenue of $227.4 million in the period.

For the current quarter ending in July, Gibraltar Industries expects its per-share earnings to range from 72 cents to 77 cents.

The company said it expects revenue in the range of $268 million to $274 million for the fiscal second quarter.

Gibraltar Industries expects full-year earnings in the range of $2.40 to $2.55 per share.

Gibraltar Industries shares have climbed 12 percent since the beginning of the year. The stock has risen 13 percent in the last 12 months.

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