Gibraltar Guides Q1, FY19 In Line With View - Quick Facts

(RTTNews) - While reporting financial results for the fourth quarter and full-year 2018, Gibraltar Industries, Inc. (ROCK) on Thursday initiated earnings and revenue guidance for the first quarter and the full-year 2019.

The company now projects fiscal 2019 earnings in a range of $1.95 to $2.10 per share and adjusted earnings in the range of $2.40 to $2.55 per share on projected revenues in excess of $1 billion.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $2.40 per share on revenues of $1.05 billion for the year. Analysts' estimates typically exclude special items.

For the first quarter of 2019, the company is expecting earnings in a range of $0.14 to $0.19 per share and adjusted earnings in the range of $0.27 to $0.32 per share on projected revenues between $218 million and $224 million.

Street is currently looking for earnings of $0.32 per share on revenues of $224.10 million for the quarter.