Griffon Corp expected to post earnings of 65  cents a share - Earnings Preview

Griffon

01/05/2023 18:51

* Griffon Corp  GFF.N   GFF  is expected to show a fall in
quarterly revenue when it reports  results on May 3. 
    * The New York City-based  company is expected to report  a
7.8% decrease in revenue to $719.04 million from $779.62 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Griffon Corp is for
earnings of 65 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 5 "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
$50​, above​ its last closing price of $28.45. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.80        0.81       0.86      Beat    5.9
 Sep. 30 2022  0.77        0.78       1.09      Beat    40.5
 Jun. 30 2022  1.02        0.99       1.23      Beat    24.7​
 Mar. 31 2022  0.32        0.33       1.37      Beat    310.2
 ​​Dec.        0.15        0.14       0.39      Beat    188.9
 31 2021                                                
 Sep. 30 2021  0.43        0.45       0.40      Missed  -10.4​
 Jun. 30 2021  0.41        0.41       0.43      Beat    6.2
 Mar. 31 2021  0.30        0.30       0.48      Beat    58.2
 This summary was machine generated May 1 at 17:51 GMT.  All
figures in US dollars  unless otherwise stated