Griffon Corp reports results for the quarter ended in December - Earnings Summary

Griffon

31/01/2023 14:32

* Griffon Corp  GFF.N  reported quarterly adjusted earnings
of 86
cents​​ per share for the quarter ended in December. The mean
expectation of five analysts for the quarter was for earnings of
81 cents per share.
    * Revenue rose 9.7% to $649.38 million from a year ago;
analysts
expected $699.05 million. 
    * Griffon Corp's reported EPS for the quarter was 88 cents​.
    * The mean earnings estimate of analysts had risen by
about 26.9%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Griffon Corp shares had risen by 10.1% this quarter.
    * The company reported quarterly net income of $48.7
million.
    * Wall Street's median 12-month price target for Griffon
Corp is
$48.00 
    * 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." 

This summary was machine generated from Refinitiv data January
31 at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.81           0.86           Beat
 Sep. 30 2022      0.78           1.09           Beat
 Jun. 30 2022      0.99           1.23           Beat
 Mar. 31 2022      0.33           1.37           Beat