Why Gibraltar Industries Stock Jumped Wednesday

Gibraltar Industries (NASDAQ: ROCK) stock had soared a solid 20% through 10:20 a.m. ET after crushing earnings forecasts in its Q4 report this morning.Heading into the quarter, analysts forecast $0.91 per share in profit on $307.9 million in sales for the industrial conglomerate. Gibraltar actually earned $1.50, despite sales falling a bit short of expectations at $302.1 million. A few words of introduction may be in order to this very diversified small-cap industrial company. Gibraltar describes itself as "a leading manufacturer and provider of products and services for the residential, renewable energy, agtech, and infrastructure markets." Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool