Gibraltar Industries (NASDAQ: ROCK) manufactures
residential and commercial building products and processed metal products for industrial applications. The Building Products segment offers ventilation systems, mailboxes, roof edging, flashing, metal roofing, steel framing, gutters, shelving and fasteners. The Processed Metal unit fashions cold-rolled strip steel into a variety of intermediate products for companies in the automotive and hardware industries. It also provides coated sheet steel and powdered metal. The firm operates 81 facilities in the United States, Canada, China, England, Germany and Poland.
Gibraltar surprised the Street earlier in the month, when it reported Q1 EPS of 27 cents and revenues of $325.5 million. Analysts had been expecting 14 cents and $317.6 million. The CEO attributed success to growth in the company's commercial building, industrial and international businesses. Management also guided FY08 EPS to $1.05-$1.25 ($1.02 consensus).
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