Gibraltar Industries Inc. Q3 adjusted earnings Beat Estimates

(RTTNews) - Gibraltar Industries Inc. (ROCK) released a profit for third quarter that decreased from last year.

The company's profit totaled $19.50 million, or $0.60 per share. This compares with $20.62 million, or $0.64 per share, in last year's third quarter.

Excluding items, Gibraltar Industries Inc. reported adjusted earnings of $23.16 million or $0.71 per share for the period.

Analysts had expected the company to earn $0.70 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 2.0% to $280.09 million from $274.57 million last year.

Gibraltar Industries Inc. earnings at a glance:

-Earnings (Q3): $23.16 Mln. vs. $21.55 Mln. last year. -EPS (Q3): $0.71 vs. $0.67 last year. -Analysts Estimate: $0.70 -Revenue (Q3): $280.09 Mln vs. $274.57 Mln last year.

-Guidance: Full year EPS guidance: $2.03 - $2.08