Gulf Island Fabrication Q1 EPS $0.23 Beats $0.08 Estimate, Sales $40.27M Beat $36.50M Estimate

Gulf Island Fabrication (NASDAQ:GIFI) reported quarterly earnings of $0.23 per share which beat the analyst consensus estimate of $0.08 by 187.5 percent. This is a 37.84 percent decrease over earnings of $0.37 per share from the same period last year. The company reported quarterly sales of $40.27 million which beat the analyst consensus estimate of $36.50 million by 10.34 percent. This is a 6.08 percent decrease over sales of $42.88 million the same period last year.