Griffon Corp expected to post earnings of 78cents a share - Earnings Preview

Griffon

11/11/2022 13:34

* Griffon Corp  GFF.N   GFF  is expected to show a rise in
quarterly revenue when it reports  results on November 14
(estimated). 
    * The New York City-based  company is expected to report  a
24.3% increase in revenue to $708.66 million from $570.2 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 78 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
$46​, above​ its last closing price of $33.88. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  0.15        0.14       0.39      Beat    188.9​
 Sep. 30 2021  0.43        0.45       0.40      Missed  -10.4
 ​​Jun.        0.41        0.41       0.43      Beat    6.2
 30 2021                                                
 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
 This summary was machine generated November 11 at 13:34 GMT. 
All figures in US dollars  unless otherwise stated