The Renewables and Conservation Markets Are Bolstering Gibraltar Industries' Growth
Gibraltar Industries (NASDAQ: ROCK) enjoyed a 14% jump in its stock price on Friday, Oct. 25, following the release of its third-quarter earnings report, as investors showed appreciation for a mid-single-digit advance in its top line and a double-digit pop in earnings. The small-cap manufacturer provides building products for the residential, industrial, and infrastructure industries, as well as products aimed at the renewable energy and conservation markets. Gibralter also shifted full-year earnings expectations to the top end of its previously released estimate range.
As we review results of the last three months below, note that all comparative numbers refer to those of the prior-year quarter.
Data source: Gibraltar Industries. YOY = year over year.
Source Fool.com
