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

Griffon

28/07/2022 15:08

* Griffon Corp  GFF.N  reported quarterly adjusted earnings
of
$1.23​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for earnings of
99 cents per share.
    * Revenue rose 18.8% to $768.18 million from a year ago;
analysts
expected $764.18 million. 
    * Griffon Corp's reported EPS for the quarter was $2.60​.
    * The mean earnings estimate of analysts had risen by
about 37.3%
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 6.3% this quarter and
gained 4.6% so far this year.
    * The company reported quarterly net income of $140.29
million.
    * Wall Street's median 12-month price target for Griffon
Corp is
$42.00 
    * 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 July 28
at 02:08 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.99           1.23           Beat
 Mar. 31 2022      0.33           1.37           Beat
 Dec. 31 2021      0.14           0.39           Beat
 Sep. 30 2021      0.45           0.40           Missed