Gibraltar expecting weaker 2d-qtr. results

Jun 27, 2014 | 06:13 PM | Thorsten Schier

Tags  Gibraltar Industries, Brian Lipke, Frank Heard, earnings guidance, steel, construction, Thorsten Schier

NEW YORK — Gibraltar Industries Inc. expects weaker-than-anticipated results in the second quarter due to construction markets that have failed to rebound from the severe winter.

"Demand for residential products remained unexpectedly weak throughout the second quarter and well below demand anticipated by many industry observers," chairman and chief executive officer Brian Lipke said in a statement. "This has contributed to less-than-anticipated revenue growth in the residential products segment. We now project....

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