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Dec 31, 2019
Gibraltar Q4 2019 Earnings Report
Q4 2019 financial results announced, with revenues increasing by 7% and GAAP and adjusted EPS growing by 10% and 32% respectively.
Key Takeaways
Gibraltar Industries reported a solid fourth quarter in 2019, with a 7% increase in revenue and a 32% increase in adjusted EPS. The company's backlog grew by 35% to $218 million, and the Renewable Energy & Conservation segment delivered growth and margin expansion.
Revenue increased by 7% compared to the previous year.
Adjusted EPS increased by 32% year-over-year.
Backlog grew by 35% to $218 million.
Renewable Energy & Conservation segment drove organic growth.
Revenue by Segment
Forward Guidance
Gibraltar expects to deliver another solid year of performance in 2020 with revenue in the range of $1.21 billion to $1.23 billion, up 15 - 17% from 2019, and with GAAP EPS in the range of $2.58 and $2.75, or $2.95 to $3.12 on an adjusted basis, compared with $1.99 and $2.58, respectively, in 2019.
Positive Outlook
- Revenue in the range of $1.21 billion to $1.23 billion, up 15 - 17% from 2019
- GAAP EPS in the range of $2.58 and $2.75
- Adjusted EPS in the range of $2.95 to $3.12
- Larger percentage of business is now direct with end customers
- New products and services are resonating well
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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