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NASDAQ:GIFI
Gulf Island Fabrication Stock Earnings Reports
$6.33
-0.260 (-3.95%)
At Close: Apr 17, 2025
Gulf Island Fabrication Earnings Calls
Q1 2025
(Upcoming)
| Release date | May 06, 2025 |
| EPS estimate | $0.0800 |
| EPS actual | - |
| Revenue estimate | - |
| Revenue actual | - |
| Expected change | +/- 4.44% |
Q4 2024
Beat
$0.260 (116.67%)
| Release date | Mar 04, 2025 |
| EPS estimate | $0.120 |
| EPS actual | $0.260 |
| EPS Surprise | 116.67% |
| Revenue estimate | 36M |
| Revenue actual | 37.416M |
| Revenue Surprise | 3.93% |
Q3 2024
Beat
$0.140 (7.69%)
| Release date | Nov 05, 2024 |
| EPS estimate | $0.130 |
| EPS actual | $0.140 |
| EPS Surprise | 7.69% |
| Revenue estimate | 41M |
| Revenue actual | 37.64M |
| Revenue Surprise | -8.20% |
Q2 2024
Missed
$0.110 (-15.38%)
| Release date | Aug 06, 2024 |
| EPS estimate | $0.130 |
| EPS actual | $0.110 |
| EPS Surprise | -15.38% |
| Revenue estimate | 44.5M |
| Revenue actual | 41.262M |
| Revenue Surprise | -7.28% |
Last 4 Quarters for Gulf Island Fabrication
Below you can see how GIFI performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
Q2 2024
Missed
| Release date | Aug 06, 2024 |
| Fiscal end date | Jun 30, 2024 |
| Price on release | $6.04 |
| EPS estimate | $0.130 |
| EPS actual | $0.110 |
| EPS surprise | -15.38% |
| Date | Price |
|---|---|
| Jul 31, 2024 | $6.24 |
| Aug 01, 2024 | $6.32 |
| Aug 02, 2024 | $6.13 |
| Aug 05, 2024 | $6.07 |
| Aug 06, 2024 | $6.04 |
| Aug 07, 2024 | $5.40 |
| Aug 08, 2024 | $5.42 |
| Aug 09, 2024 | $5.52 |
| Aug 12, 2024 | $5.57 |
| 4 days before | -3.21% |
| 4 days after | -7.78% |
| On release day | -10.60% |
| Change in period | -10.74% |
Q3 2024
Beat
| Release date | Nov 05, 2024 |
| Fiscal end date | Sep 30, 2024 |
| Price on release | $5.60 |
| EPS estimate | $0.130 |
| EPS actual | $0.140 |
| EPS surprise | 7.69% |
| Date | Price |
|---|---|
| Oct 30, 2024 | $5.44 |
| Oct 31, 2024 | $5.51 |
| Nov 01, 2024 | $5.44 |
| Nov 04, 2024 | $5.46 |
| Nov 05, 2024 | $5.60 |
| Nov 06, 2024 | $6.02 |
| Nov 07, 2024 | $6.94 |
| Nov 08, 2024 | $6.54 |
| Nov 11, 2024 | $7.04 |
| 4 days before | 2.94% |
| 4 days after | 25.71% |
| On release day | 7.50% |
| Change in period | 29.41% |
Q4 2024
Beat
| Release date | Mar 04, 2025 |
| Fiscal end date | Dec 31, 2024 |
| Price on release | $6.50 |
| EPS estimate | $0.120 |
| EPS actual | $0.260 |
| EPS surprise | 116.67% |
| Date | Price |
|---|---|
| Feb 26, 2025 | $6.64 |
| Feb 27, 2025 | $6.47 |
| Feb 28, 2025 | $6.50 |
| Mar 03, 2025 | $6.48 |
| Mar 04, 2025 | $6.50 |
| Mar 05, 2025 | $6.31 |
| Mar 06, 2025 | $6.21 |
| Mar 07, 2025 | $6.25 |
| Mar 10, 2025 | $6.16 |
| 4 days before | -2.11% |
| 4 days after | -5.23% |
| On release day | -2.92% |
| Change in period | -7.23% |
Q1 2025
(Upcoming)
| Release date | May 06, 2025 |
| Fiscal end date | Mar 30, 2025 |
| Price on release | - |
| EPS estimate | $0.0800 |
| EPS actual | - |
| Date | Price |
|---|---|
| Apr 11, 2025 | $6.02 |
| Apr 14, 2025 | $6.26 |
| Apr 15, 2025 | $6.24 |
| Apr 16, 2025 | $6.59 |
| Apr 17, 2025 | $6.33 |
Gulf Island Fabrication Earnings Call Transcript Summary of Q4 2024
Gulf Island Fabrication, Inc. Financial Performance
- Revenue: Q4 2024 revenue was $37.4 million, down from $44.6 million in Q4 2023, primarily due to lower services revenue. Full-year revenue totaled $159 million, with $13 million in adjusted EBITDA.
- Free Cash Flow: Generated approximately $13 million in free cash flow for the year, ending with over $67 million in cash and short-term investments.
- Outlook for 2025: Expected consolidated EBITDA for 2025 is projected to be below the 2024 adjusted EBITDA of $12.8 million, driven by anticipated lower capital spending from service customers in the Gulf region.
Business Segments
- Services Division: Revenue decreased by 23% year-over-year due to lower new project awards and delayed timing in Spark Safety projects. Despite challenges, there are indications of improving activity and volume in the newly launched Cleaning and Environmental Services (CES) business.
- Fabrication Division: Fabrication revenue was down 4.9% year-over-year; however, growth was noted in small-scale fabrication. The adjusted EBITDA of this segment also saw a decline, impacted by previous year’s customer change order benefits.
Market Trends and Opportunities
- Fabrication Market: Encouraging signs of bidding activity in the LNG sector and initial bidding in nuclear and data centers. The lifting of restrictions on LNG projects is resuming activity in the Gulf Coast region.
- Strategic Focus: Emphasis on expanding into non-oil and gas markets such as infrastructure, government, and high-tech manufacturing.
Strategic Initiatives
- Focus on sustainable growth through the small-scale fabrication business and diversification into new service lines.
- Plans for selective acquisitions remain a priority, although current market valuations are challenging.
Capital Allocation
- Strong balance sheet allows for capital flexibility, with intentions to balance investments in organic growth, acquisitions, and potential shareholder returns.
- Anticipated capital expenditures for 2025 are expected to be between $2 million to $3 million, mainly for maintenance.
Challenges Ahead
- Anticipation of lower activity levels in the core services business due to forecasted declines in clients' capital spending driven by reduced crude demand and profit margins.
Closing Remarks
- Management expressed commitment to leveraging strong financial performance and operational resilience to navigate upcoming challenges and capitalize on growth opportunities.
Gulf Island Fabrication Earnings History
Earnings Calendar
FAQ
When is the earnings report for GIFI?
Gulf Island Fabrication (GIFI) has scheduled its earnings report for May 06, 2025 before the markets open.
What is the GIFI price-to-earnings (P/E) ratio?
GIFI P/E ratio as of Apr 17, 2025 (TTM) is 7.31.
What is the GIFI EPS forecast?
The forecasted EPS (Earnings Per Share) for Gulf Island Fabrication (GIFI) for the first fiscal quarter 2025 is $0.0800.
What are Gulf Island Fabrication's retained earnings?
On its balance sheet, Gulf Island Fabrication reported retained earnings of $37.42 million for the latest quarter ending Dec 31, 2024.
What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.
Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.
What To Know About Earnings Reports?
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
