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Gibraltar Industries sees FY23 EPS $3.46 -$3.66, consensus $3.65
The Fly

Gibraltar Industries sees FY23 EPS $3.46 -$3.66, consensus $3.65

Sees FY23 revenue $ $1.36 B- $1.41B, consensus $1.44B. "We enter 2023 with good operating momentum and a plan to deliver full year growth, margin expansion, and strong cash performance for the year. We are well prepared for what will continue to be a fluid external environment and we expect that the Residential market will return to normal demand seasonality, panel supply for the solar industry will improve in the second half of the year, and Agtech projects for produce growing will get finalized." Mr. Bosway concluded, "The long-term fundamentals of our end markets remain strong, and given the progress we made the last 12 months in our market positioning, systems, processes, and organization, we expect to drive solid performance in 2023 as we continue to execute toward our 2025 objectives."

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