Griffon Corp expected to post earnings of 92  cents a share - Earnings Preview

Griffon

31/07/2023 19:33

* Griffon Corp  GFF.N   GFF  is expected to show a fall in
quarterly revenue when it reports  results on August 2. 
    * The New York City-based  company is expected to report  a
8.9% decrease in revenue to $700.12 million from $768.18 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 92 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
$54​, above​ its last closing price of $41.58. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.65        0.65       1.21      Beat    86.7
 Dec. 31 2023  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.        0.32        0.33       1.37      Beat    310.2
 31 2022                                                
 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. 30 2021  0.41        0.41       0.43      Beat    6.2
 This summary was machine generated July 31 at 18:33 GMT.  All
figures in US dollars  unless otherwise stated