Benzinga | May 11, 2021 04:12PM EDT

Gulf Island Fabrication Q1 EPS $(1.21) Misses $(0.26) Estimate, Sales $59.00M Beat $48.36M Estimate

Gulf Island Fabrication (NASDAQ:GIFI) reported quarterly losses of $(1.21) per share which missed the analyst consensus estimate of $(0.26) by 365.38 percent. This is a 410.26 percent decrease over earnings of $0.39 per share from the same period last year. The company reported quarterly sales of $59.00 million which beat the analyst consensus estimate of $48.36 million by 22.00 percent. This is a 24.89 percent decrease over sales of $78.56 million the same period last year.