Gibraltar (ROCK) Q2 Earnings Miss, Up Y/Y, Sales View Lowered

Gibraltar Industries, Inc. (ROCK) reported strong second-quarter 2024 earnings despite top-line woes. Although both the earnings and net sales missed the Zacks Consensus Estimate, the bottom line strengthened on a year-over-year basis. Shares of the company rose 2% in the pre-market trading session on Jul 31. ROCK has slightly reduced its net sales outlook for 2024 to reflect recent slower market conditions in both Residential and Renewables end markets, partially offset by strength in both Agtech and Infra ...