ROCK Lowers 2024 Sales & EPS Views, Provides Q3 Preliminary Results

Gibraltar Industries, Inc. (ROCK) recently announced the revision of its 2024 net sales and earnings per share (EPS) guidance. The revision showcases a downgrade from its previously stated guidance primarily due to the ongoing softness in the housing market and risks encompassing the solar industry. ROCK's Revised 2024 Guidance During the second quarter of 2024 earnings, the company lowered its net sales expectations, for the year, to the range of $1.38-$1.42 billion compared with the previous expectations ...