Published on 15 Dec 2023 on Zacks via Yahoo Finance
Have you been paying attention to shares of Gibraltar Industries (ROCK)? Shares have been on the move with the stock up 14.3% over the past month. The stock hit a new 52-week high of $77.52 in the previous session. Gibraltar Industries has gained 68.9% since the start of the year compared to the 50.6% move for the Zacks Construction sector and the 58.2% return for the Zacks Building Products - Miscellaneous industry.
What's Driving the Outperformance?
The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on November 2, 2023, Gibraltar Industries reported EPS of $1.38 versus consensus estimate of $1.12.