Recap: Gulf Island Fabrication Q2 Earnings

Loading...
Loading...

 

Gulf Island Fabrication GIFI reported its Q2 earnings results on Tuesday, August 9, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Gulf Island Fabrication beat estimated earnings by 72.41%, reporting an EPS of $-0.08 versus an estimate of $-0.29.

Revenue was up $11.63 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.15 which was followed by a 1.76% drop in the share price the next day.

Here's a look at Gulf Island Fabrication's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.17 -0.28 -0.20 -0.23
EPS Actual -0.32 -0.40 -0.24 -0.11
Revenue Estimate 17.64M 18.46M 22.88M 34.43M
Revenue Actual 28.69M 25.81M 19.59M 24.27M

To track all earnings releases for Gulf Island Fabrication visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...