Gibraltar lowered its full-year 2025 targets due to softer end-market demand and timing shifts in large project execution, sending shares down 11.4%. The company now expects full-year net sales of $1,128 million to $1,138 million, down from prior guidance of $1,150 million to $1,175 million. Operating income forecasts were trimmed to $121 million–$123 million from $141 million–$145 million, and adjusted EBITDA guidance was cut to $184 million–$186 million versus $197 million–$202 million previously. Management cited ongoing inventory rightsizing in residential channels and project timing in agtech as primary drivers of the revision.

For the fourth quarter, Gibraltar estimates net sales of $261 million–$271 million, below prior guidance of $283 million–$308 million and above the year-ago $232 million. GAAP operating income is projected at $13 million–$15 million versus guidance of $33 million–$37 million, while adjusted operating income is seen at $27 million–$29 million compared with $41 million–$45 million a year earlier. Adjusted EBITDA is estimated at $35 million–$37 million, down from $48 million–$53 million in the prior year. GAAP EPS for Q4 is forecast at $0.36–$0.41, with adjusted EPS of $0.72–$0.77. For the full year, GAAP EPS guidance was cut to $3.21–$3.26 from $3.67–$3.77, and adjusted EPS to $3.88–$3.93 from $4.20–$4.30 in the previous outlook.

In the residential segment, participation gains in building accessories partially offset volume declines due to industry inventory adjustments, while metal roofing delivered strong performance. Mail and package volume was pressured by sluggish single- and multi-family starts but saw order improvements in late December. Agtech backlog more than tripled year-over-year as large projects shifted into 2026, and Lane Supply reported solid results. Infrastructure revenue grew with robust margin performance. The company enters 2026 with over $115 million in cash and expects cost reduction initiatives and recent pricing actions to benefit margins. The planned acquisition of Omnimax remains on track for first-quarter closing.