Gulf Island Fabrication (NASDAQ: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.
