Gibraltar Industries Affirms FY2024 Adj EPS Guidance from $4.11-4.25 to $4.11-4.25 vs $4.15 Est; Affirms FY2024 Sales Guidance from $1.31B-1.33B to $1.31B-1.33B vs $1.32B Est.
Portfolio Pulse from Benzinga Newsdesk
Gibraltar Industries has reaffirmed its FY2024 adjusted EPS guidance at $4.11-$4.25, aligning with previous guidance but slightly below the $4.15 analyst estimate. The company also reaffirmed its FY2024 sales guidance at $1.31B-$1.33B, matching previous guidance and slightly below the $1.32B estimate.
October 30, 2024 | 11:42 am
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Gibraltar Industries reaffirmed its FY2024 EPS and sales guidance, which aligns with previous guidance but is slightly below analyst estimates. This may indicate stable but not exceeding expectations performance.
The reaffirmation of guidance suggests stability in Gibraltar Industries' financial outlook. However, the guidance being slightly below analyst estimates may not excite investors, leading to a neutral short-term impact on the stock price.
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