Gibraltar Industries, Inc.’s ROCK shares jumped more than 13% on Aug 5, after it reported better-than-expected results for second-quarter 2020. The company’s earnings and sales not only topped analysts’ expectations but also improved year over year on persistent strength across the business, particularly in the Renewable Energy & Conservation and Residential Products units.Inside the HeadlinesGibraltar reported adjusted earnings of 84 cents per share, which handily topped the Zacks Consensus Estimate of 40 cents by 110%. The bottom line increased 15.1% year over year, supported by growth in Renewable Energy & Conservation, as well as Residential Products segments.Net sales surpassed the consensus mark by 25.7% and increased 8.8% year over year to $285.8 million, owing to 1.6% organic growth driven by its Renewable Energy & Conservation segment. Acquisitions contributed 7.2% to top-line growth.The company’s backlog was $277 million (at quarter-end), up 14% year over year owing to increased participation in Renewable Energy and Conservation, as well as Residential Products.Gibraltar Industries, Inc. Price, Consensus and EPS Surprise Gibraltar Industries, Inc. price-consensus-eps-surprise-chart | Gibraltar Industries, Inc. QuoteSegmental DetailsResidential Products: Net sales in the segment grew 7% from the year-ago period to $139.5 million for the quarter. The upside was mainly due to solid repair and remodel activity.Adjusted operating margins improved 400 basis points (bps) to 20.2%. Strong execution, product mix, improved material cost alignment and 80/20 simplification initiatives aided the margins.Industrial and Infrastructure Products: Sales in the segment decreased 14.4% year over year to $48.1 million owing to lower demand for core industrial products during the pandemic.Nonetheless, adjusted operating margins expanded 490 bps to 14.5%, backed by a more favorable mix of higher-margin products and solid execution of 80/20 profit improvement efforts.Renewable Energy and Conservation: Quarterly net sales in the segment rose 29.3% year over year (4.2% on an organic basis) to $98.3 million. Apeks Supercritical, Thermo Energy Solutions and Delta Separations acquisitions contributed 25.1% to top-line growth. The uptick can be attributed to core business strength, driven by participation gains, volume leverage, productivity improvements and favorable price/material cost alignment. Segment backlog grew 18% year over year owing to healthy market dynamics, participation gains and the recent acquisitions.However, adjusted operating margins of 170% in the segment were down 170 bps.Costs & MarginsSelling, general and administrative expenses increased 1.9% year over year to $37.7 million. As a percentage of sales, the metric decreased 90 bps year over year to 13.2%. Adjusted operating margin of 12.9% expanded 130 bps year over year.Balance Sheet & Cash FlowAs of Jun 30, 2020, Gibraltar had cash and cash equivalents worth $120.9 million compared with $191.4 million at 2019-end.The company used $7.3 million cash in operations for the first six months of 2020 versus $6.5 million cash provided by operating activities a year ago.Zacks Rank & Key PicksCurrently, Gibraltar currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Some better-ranked stocks in the same space include Masco Corporation MAS, Owens Corning Inc. OC and TopBuild Corp. BLD, each sporting a Zacks Rank #1.Masco has three-five year expected earnings rate of 14.9%.Owens Corning and TopBuild topped the consensus mark in all the last four quarters, with the average surprise being 63.8% and 16%, respectively.More Stock News: This Is Bigger than the iPhone!It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2021. Click here for the 6 trades >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Masco Corporation (MAS): Free Stock Analysis Report Owens Corning Inc (OC): Free Stock Analysis Report Gibraltar Industries, Inc. (ROCK): Free Stock Analysis Report TopBuild Corp. (BLD): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research