Gulf Island Fabrication (NASDAQ:GIFI) reported quarterly earnings of $0.11 per share which missed the analyst consensus estimate of $0.13 by 15.38 percent. This is a 57.14 percent increase over earnings of $0.07 per share from the same period last year. The company reported quarterly sales of $41.26 million which missed the analyst consensus estimate of $44.50 million by 7.28 percent. This is a 4.92 percent increase over sales of $39.33 million the same period last year.