Griffon Corp expected to post earnings of 45 cents a share - Earnings Preview

Griffon

09/11/2021 03:02

* Griffon Corp  GFF.N   GFF  is expected to show a rise in
quarterly revenue when it reports  results on November 10
(estimated). 
* The New York City, New York-based company is expected to
report  a 2.5% increase in revenue to $677.017 million from
$660.67 million a year ago, according to the mean estimate from
6 analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Griffon Corp is for
earnings of 45 cents per share. For the same quarter last year,
the company reported earnings of 44 cents per share.
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 6 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Griffon Corp is
$33.5​, about 17% above​ its last closing price of $27.82. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  0.41        0.41       0.43      Beat    6.2
 Mar. 31 2021  0.30        0.30       0.48      Beat    58.2
 Dec. 31 2020  0.32        0.32       0.56      Beat    73.2​
 Sep. 30 2020  0.43        0.43       0.44      Beat    2.3
 ​​Jun.        0.32        0.23       0.59      Beat    160.3
 30 2020                                                
 Mar. 31 2020  0.19        0.19       0.23      Beat    23.2​
 Dec. 31 2019  0.23        0.21       0.36      Beat    68.8
 Sep. 30 2019  0.28        0.33       0.40      Beat    20
 This summary was machine generated November 9 at 03:01 GMT.  All
figures in US dollars unless otherwise stated