Gibraltar Industries Inc. (ROCK) on Thursday reported third-quarter profit of $34.3 million.
The Buffalo, New York-based company said it had net income of $1.08 per share. Earnings, adjusted for costs related to mergers and acquisitions and non-recurring costs, were $1.12 per share
BUFFALO, N.Y. (AP) _ Gibraltar Industries Inc. (ROCK) on Thursday reported third-quarter profit of $34.3 million.
The Buffalo, New York-based company said it had net income of $1.08 per share. Earnings, adjusted for costs related to mergers and acquisitions and non-recurring costs, were $1.12 per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.03 per share.
The building-products company posted revenue of $391.3 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $390.8 million.
Gibraltar Industries expects full-year earnings in the range of $3.30 to $3.40 per share, with revenue in the range of $1.38 billion to $1.43 billion.
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