Gibraltar Industries Inc. Profit Retreats 15% In Q2

(RTTNews) - Gibraltar Industries Inc. (ROCK) announced earnings for second quarter that retreated compared to the same period last year.

The company said its bottom line fell to $14.0 million, or $0.43 per share. This was lower than $16.4 million, or $0.51 per share, in last year's second quarter.

Analysts had expected the company to earn $0.40 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 6.8% to $248 million. This was down from $266 million last year.

Gibraltar Industries Inc. earnings at a glance:

-Earnings (Q2): $14.0 Mln. vs. $16.4 Mln. last year. -Earnings Decline (Y-o-Y): -14.6% -EPS (Q2): $0.43 vs. $0.51 last year. -EPS Decline (Y-o-Y): -15.7% -Analysts Estimate: $0.40 -Revenue (Q2): $248 Mln vs. $266 Mln last year. -Revenue Change (Y-o-Y): -6.8%

-Guidance: Full year EPS guidance: $1.57 - $1.70 Full year revenue guidance: $970 - $980 Mln