By Connor Hart

Gibraltar Industries cut its fourth-quarter and full-year outlooks, citing volume declines across end markets, and said it has taken corrective actions going forward.

"We believe channel inventory has been adjusted and is better aligned with end customer demand entering 2026," Chief Executive Bill Bosway said Wednesday. He added that recent price increases and cost-cutting measures should also help improve results in the coming year.

Shares fell 8.5%, to $50.11, in premarket trading.

The manufacturer of engineering materials said it now expects fourth-quarter earnings of about 41 cents a share, or between 72 cents and 77 cents a share on an adjusted basis. It had previously guided for earnings of 92 cents a share, or between $1.04 and $1.14 a share on an adjusted basis.

Net sales are now projected to come in between $261 million and $271 million for the recent quarter, down from a prior view of between $283 million and $308 million.

Analysts polled by FactSet are looking for earnings of 91 cents a share, adjusted earnings of $1.02 a share and net sales of $287 million.

For the year, Gibraltar now expects earnings of $3.21 to $3.26 a share, or $3.88 to $3.93 a share on an adjusted basis. It had previously forecast earnings of $3.67 to $3.77 a share, as well as adjusted earnings of $4.20 to $4.30 a share.

Net sales are now expected to come in between $1.13 billion and $1.14 billion, compared with a previous view for $1.15 billion and $1.18 billion.

Wall Street modeled earnings of $3.74 a share, adjusted earnings of $4.20 a share and net sales of $1.17 billion.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

January 21, 2026 07:58 ET (12:58 GMT)

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