Gulf Island Fabrication: Q4 Earnings Insights

Gulf Island Fabrication GIFI reported its Q4 earnings results on Tuesday, March 22, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Gulf Island Fabrication missed estimated earnings by 42.86%, reporting an EPS of $-0.4 versus an estimate of $-0.28.

Revenue was down $31.75 million from the same period last year.

Last quarter the company missed on EPS by $0.04 which was followed by a 4.26% increase in the share price the next day.

Here's a look at Gulf Island Fabrication's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	-0.20	-0.23	-0.26
EPS Actual	-0.24	-0.11	0.31	-0.74
Revenue Estimate	22.88M	34.43M	48.36M	70.42M
Revenue Actual	19.59M	24.27M	58.95M	57.56M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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