NASDAQ$ROCK
Gibraltar Industries Inc · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Announced fourth quarter earnings, with adjusted EPS improving despite a sales reduction.
Gibraltar Industries reported a decrease in revenue but an increase in adjusted net income and adjusted EPS for Q4 2022. The company's performance was driven by profitability improvements in the Renewables and Infrastructure segments.
- Adjusted net income increased by 20.4%.
- Adjusted EPS increased by 28.6%.
- Free cash flow represented 19% of revenue.
- Revenue decreased by 6.1%.
Headline financials
Revenue & EPS history
Gibraltar · Revenue · Quarterly
$314M
Revenue by segment
Gibraltar · $188M total across 2 segments · Q2 2020
- Residential$140M+7.0%74.4%
- Infrastructure$48.1M-14.4%25.6%
Forward guidance
Gibraltar is providing guidance for revenue and earnings for the full year 2023. Consolidated revenue is expected to range between $1.36 billion and $1.41 billion, compared to $1.38 billion in 2022. GAAP EPS is expected to range between $3.04 and $3.24, compared to $2.56 in 2022, and adjusted EPS is expected to range between $3.46 and $3.66, compared to $3.40 in 2022.
Tailwinds
- Residential market will return to normal demand seasonality.
- Panel supply for the solar industry will improve in the second half of the year.
- Agtech projects for produce growing will get finalized.
- Good operating momentum.
- Plan to deliver full year growth, margin expansion, and strong cash performance for the year.
Headwinds
- Fluid external environment.
- Ongoing supply chain challenges.
- Potential delays in project finalization.
- Uncertainties related to market demand.
- Potential impacts from regulatory changes.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2022
+1.5%
Avg return
Earnings day
+0.9%
Avg return
5 days after
+1.5%
Avg return
30 days after
53%
36 / 68 earnings
Positive
+24.7%
Q1 2010
Best reaction
-15.4%
Q2 2011
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.0% | -0.0% | -2.5% | |
| Q4 2025 | -0.4% | -10.9% | -17.9% | |
| Q3 2025 | -0.9% | -9.1% | -26.1% | |
| Q1 2025 | +0.2% | +6.5% | +10.9% | |
| Q4 2024 | +11.7% | +12.9% | +5.0% | |
| Q3 2024 | +3.8% | +3.7% | +11.4% | |
| Q2 2024 | -11.7% | -18.4% | -13.1% | |
| Q1 2024 | -0.3% | +1.8% | +5.6% | |
| Q4 2023 | -14.5% | -9.4% | -5.7% | |
| Q3 2023 | +7.2% | +8.0% | +12.6% | |
| Q2 2023 | +8.3% | +11.8% | +15.3% | |
| Q1 2023 | +5.8% | +7.4% | +13.7% | |
| Q4 2022 | -0.8% | +0.9% | -12.0% | |
| Q3 2022 | -0.2% | -1.0% | +4.0% | |
| Q2 2022 | -3.9% | -2.6% | -12.7% | |
| Q1 2022 | +10.6% | +6.5% | +13.2% | |
| Q4 2021 | -4.9% | -1.4% | -5.9% | |
| Q3 2021 | -9.9% | -6.5% | +0.9% | |
| Q2 2021 | -4.6% | -3.2% | +2.2% | |
| Q1 2021 | -9.4% | -10.6% | -16.7% | |
| Q4 2020 | -10.6% | -13.9% | -6.1% | |
| Q3 2020 | -9.5% | -3.5% | +4.6% | |
| Q2 2020 | +16.2% | +22.1% | +16.2% | |
| Q1 2020 | -8.4% | -8.9% | +9.8% | |
| Q4 2019 | +7.4% | +11.7% | -12.0% | |
| Q3 2019 | +13.7% | +20.2% | +15.0% | |
| Q2 2019 | +5.6% | +4.4% | +0.7% | |
| Q1 2019 | -1.4% | -5.7% | -10.8% | |
| Q4 2018 | +7.9% | +2.7% | -0.2% | |
| Q3 2018 | -7.8% | -3.1% | +1.5% | |
| Q2 2018 | +18.3% | +17.9% | +24.0% | |
| Q1 2018 | +4.3% | +4.1% | +11.7% | |
| Q4 2017 | +11.7% | +12.3% | +5.0% | |
| Q3 2017 | +1.7% | -1.5% | +1.1% | |
| Q2 2017 | -2.4% | -1.6% | -8.3% | |
| Q1 2017 | -15.0% | -18.7% | -16.2% | |
| Q4 2016 | -6.8% | -5.5% | -4.1% | |
| Q3 2016 | +7.8% | +12.8% | +38.1% | |
| Q2 2016 | -1.1% | +1.7% | +7.2% | |
| Q1 2016 | +6.4% | — | — | |
| Q4 2015 | +24.4% | — | — | |
| Q3 2015 | +15.8% | — | — | |
| Q2 2015 | +4.7% | — | — | |
| Q1 2015 | +7.3% | — | — | |
| Q4 2014 | -5.6% | — | — | |
| Q3 2014 | +3.2% | — | — | |
| Q2 2014 | +5.2% | — | — | |
| Q1 2014 | -4.2% | — | — | |
| Q4 2013 | +2.9% | — | — | |
| Q3 2013 | +7.9% | — | — | |
| Q2 2013 | -7.5% | — | — | |
| Q1 2013 | -7.5% | — | — | |
| Q4 2012 | +4.4% | — | — | |
| Q3 2012 | -1.3% | — | — | |
| Q2 2012 | +14.7% | — | — | |
| Q1 2012 | +2.6% | — | — | |
| Q4 2011 | -10.3% | — | — | |
| Q3 2011 | +1.4% | — | — | |
| Q2 2011 | -15.4% | — | — | |
| Q1 2010 | +24.7% | — | — | |
| Q1 2011 | +6.7% | — | — | |
| Q4 2008 | +3.4% | — | — | |
| Q4 2010 | +3.4% | — | — | |
| Q3 2009 | +2.9% | — | — | |
| Q3 2010 | +2.9% | — | — | |
| Q2 2010 | -2.9% | — | — | |
| Q2 2009 | -2.9% | — | — | |
| Q4 2009 | -2.9% | — | — |
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