GIFI Stock - Gulf Island Fabrication, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $159.20M | $151.07M | $142.32M | $93.45M | $117.73M |
| Gross Profit | $22.25M | $-11,901,000 | $7.89M | $1.66M | $-7,867,000 |
| Gross Margin | 14.0% | -7.9% | 5.5% | 1.8% | -6.7% |
| Operating Income | $12.28M | $-25,883,000 | $-3,415,000 | $-13,484,000 | $-13,903,000 |
| Net Income | $14.74M | $-24,402,000 | $-3,352,000 | $-22,168,000 | $-27,426,000 |
| Net Margin | 9.3% | -16.2% | -2.4% | -23.7% | -23.3% |
| EPS | $0.90 | $-1.51 | $-0.21 | $-0.31 | $-1.79 |
Gulf Island Fabrication, Inc., together with its subsidiaries, operates as a fabricator of steel structures and modules in the United States. The company fabricates modules, skids, and piping systems for onshore refining, petrochemical, liquified natural gas (LNG), industrial, and offshore facilities; foundations, secondary steel components, and support structures for alternative energy developments and coastal mooring facilities; offshore production platforms and associated structures, including jacket foundations, piles, and topsides for fixed production and utility platforms, as well as hulls and topsides for floating production and utility platforms; and other complex steel structures and components. It also provides services on offshore platforms, including maintenance, repair, construction, and other services required to connect production equipment and service modules and equipment; on-site construction and maintenance services on inland platforms and structures and industrial facilities; project management and commissioning services; and scaffolding, coatings, industrial staffing, and other specialty services, as well as performs municipal and drainage projects, including pump stations, levee reinforcement, bulkheads, and other public works. The company serves international energy producers; refining, petrochemical, LNG, industrial, and power operators; and engineering, procurement, and construction companies. Gulf Island Fabrication, Inc. was founded in 1947 and is headquartered in Houston, Texas.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| March 8th 2024 | Johnson Rice | Upgrade | Accumulate | - |
Earnings History & Surprises
GIFIEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 4, 2026 | — | — | — | — |
Q1 2026 | Mar 2, 2026 | — | — | — | — |
Q4 2025 | Nov 12, 2025 | $0.00 | $0.10 | +2602.7% | ✓ BEAT |
Q3 2025 | Aug 6, 2025 | $0.12 | $0.07 | -41.7% | ✗ MISS |
Q2 2025 | May 6, 2025 | $0.08 | $0.23 | +187.5% | ✓ BEAT |
Q1 2025 | Mar 4, 2025 | $0.12 | $0.26 | +116.7% | ✓ BEAT |
Q4 2024 | Nov 5, 2024 | $0.13 | $0.14 | +7.7% | ✓ BEAT |
Q3 2024 | Aug 6, 2024 | $0.13 | $0.11 | -15.4% | ✗ MISS |
Q2 2024 | May 7, 2024 | $0.08 | $0.37 | +362.5% | ✓ BEAT |
Q1 2024 | Mar 7, 2024 | $0.02 | $0.43 | +2147.8% | ✓ BEAT |
Q4 2023 | Nov 7, 2023 | $-0.05 | $-2.04 | -3980.0% | ✗ MISS |
Q3 2023 | Aug 8, 2023 | $-0.09 | $0.07 | +177.8% | ✓ BEAT |
Q2 2023 | May 9, 2023 | — | $0.04 | — | — |
Q1 2023 | Mar 28, 2023 | $0.01 | $0.04 | +200.1% | ✓ BEAT |
Q4 2022 | Nov 8, 2022 | $-0.28 | $0.04 | +114.3% | ✓ BEAT |
Q3 2022 | Aug 9, 2022 | $-0.29 | $0.03 | +110.3% | ✓ BEAT |
Q2 2022 | May 10, 2022 | $-0.17 | $-0.32 | -88.2% | ✗ MISS |
Q1 2022 | Mar 22, 2022 | $-0.28 | $-0.40 | -42.9% | ✗ MISS |
Q4 2021 | Nov 9, 2021 | $-0.20 | $-0.12 | +40.0% | ✓ BEAT |
Q3 2021 | Aug 10, 2021 | $-0.23 | $-0.11 | +52.2% | ✓ BEAT |
Latest News
Gulf Island Fabrication Q3 EPS $0.10 Misses $0.14 Estimate, Sales $51.540M Beat $34.000M Estimate
➖ NeutralTrading Halt: Halt status updated at 8:30:00 AM ET: Quotation Resumption: News and Resumption Times
➖ NeutralIES Signs Agreement To Acquire Gulf Island Fabrication For $12/Share In Cash
📈 PositiveTrading Halt: Halted at 8:10:00 a.m. ET - Trading Halt: Halt News Pending
➖ NeutralGulf Island Fabrication shares are trading higher after the company announced it has been awarded a $35 million fabrication contract to support the rebuilding of the Francis Scott Key Bridge in Baltimore, Maryland.
📈 PositiveGulf Island Fabrication Has Been Awarded Fixed-Price Fabrication Contract Valued At Over $35M To Support Rebuilding Of The Francis Scott Key Bridge In Baltimore, Maryland.
📈 PositiveGulf Island Awarded Task Order From U.S. Defense Logistics Agency, Estimated Value Over $7M
📈 PositiveFrequently Asked Questions about GIFI
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