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Gibraltar Reiterates FY19 Outlook - Quick Facts

(RTTNews) - While reporting financial results for the second quarter, Gibraltar Industries, Inc. (ROCK) on Friday reiterated its earnings, adjusted earnings and revenue guidance for the full-year 2019 and initiated third quarter outlook.

For fiscal 2019, the company continues to project earnings in a range of $1.95 to $2.10 per share and adjusted earnings in the range of $2.40 to $2.55 per share on projected revenues in excess of $1 billion.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $2.46 per share on revenues of $1.04 billion for the year. Analysts' estimates typically exclude special items.

For the third quarter, the company is expecting earnings in a range of $0.71 to $0.78 per share and adjusted earnings in the range of $0.84 to $0.91 per share on projected revenues between $288 million and $298 million.

Street is currently looking for earnings of $0.84 per share on revenues of $290.12 million for the quarter.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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