ROCK Earnings Prediction
The chart below shows how ROCK performed 10 days before and after its earnings report, based on data from the past quarters. Typically, ROCK sees a -2.13% change in stock price 10 days leading up to the earnings, and a +1.18% change 10 days following the report. On the earnings day itself, the stock moves by +1.96%. This data can give you a slight idea of what to expect for the next quarter's release.
ROCK Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
302.06M
-8.14%
-16.37%
Gross Margin
25.88%
-2.63%
-4.43%
Operating Margin
12.46%
18.33%
-8.31%
Net Margin
15.28%
158.54%
62.21%
EPS
1.50
138.10%
35.14%
No Data Available
ROCK Earnings Analysis
Gibraltar Industries Inc Corporation (ROCK.O) Earnings Conference Call
Positive
Earnings Per Share Beat: Gibraltar Industries, Inc. reported an EPS of $1.01, exceeding expectations of $0.95, indicating strong financial performance.
Operating Income Improvement: Despite a 7.9% decline in net sales, the company improved operating income by 11% and adjusted EPS by 17.4%, showcasing effective cost management and operational efficiency.
Segment Resilience and Income Growth: The residential, ag tech, and infrastructure segments showed resilience with only a 3.9% decline in net sales, while operating income improved by 45%, demonstrating strong performance in these areas.
Strong Cash Generation: The company generated $174 million in operating cash flow and $154 million in free cash flow, representing 12% of net sales, highlighting strong cash generation capabilities.
Infrastructure Backlog Growth: Gibraltar's backlog in the infrastructure business increased by 10%, indicating solid demand and future growth potential.
Accretive Acquisition Impact: The acquisition of Lane Supply is expected to be accretive in 2025, with Lane having a backlog of over $150 million, enhancing Gibraltar's growth prospects in the AgTech sector.
Renewables Segment Growth: New bookings in the renewables segment have increased by 33% since the start of 2025, indicating a rebound in demand and a positive outlook for future sales.
Projected Sales Growth: The company expects net sales to grow between 8% and 12% in 2025, driven by organic growth in residential, ag tech, and infrastructure segments, reflecting confidence in market recovery.
Earnings Growth Projection: Adjusted EPS is projected to grow by 13% to 19% in 2025, indicating strong earnings growth potential for the upcoming year.
Negative
Net Sales Decline: Net sales decreased by 7.9% in Q4 2024, primarily due to ongoing market issues in the renewables business.
Decline in Net Sales: Consolidated net sales for the full year were down 3.9% to $1.31 billion, affected by unfavorable end market dynamics in residential renewables.
Backlog Decline in Renewables: Backlog at year-end was down 24%, indicating a slowdown in new bookings for renewables and ag tech.
Sales and Backlog Decline: Renewable adjusted net sales decreased by 18.8% in Q4, with a significant drop in backlog by 32%.
Renewables EBITDA Margin Decline: Adjusted operating EBITDA margins for renewables decreased by 630 and 550 basis points, reflecting challenges in product mix and lower volumes.
Residential Segment Sales Decline: The residential segment saw a 4.8% decrease in net sales, attributed to point of sales softness and product line simplification issues.
Order Timing Impact on Revenue: The timing of orders from new business awards in 2024 did not materialize as expected, impacting revenue.
Legacy Trade Names Charge: The company incurred a $5.3 million non-cash charge for the discontinuation of legacy trade names in the renewables segment.
Residential Market Sluggishness: The overall market for residential products has been sluggish, with new and existing home sales showing ongoing softness.
Tax and Tariff Impacts: The company is facing potential changes in tax benefits and tariffs that could impact future performance.
ROCK FAQs
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ROCK Earning Call Sentiment
Gibraltar Industries, Inc. (NASDAQ:ROCK) Q4 2024 Earnings Call Transcript
ROCK.O
-1.04%Positive
The earnings call presents a mixed picture. The company shows strong financial metrics like EPS and adjusted EBITDA growth, but faces challenges with declining net sales and backlog. The acquisition of Lane Supply and share repurchase are positive, but weak guidance and market uncertainties, especially in renewables, temper enthusiasm. The Q&A session highlights management's cautious outlook and lack of clear guidance, further supporting a neutral sentiment. Given the market cap, the stock price is likely to remain stable in the short term, resulting in a neutral prediction (-2% to 2%).
