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

Griffon

29/04/2022 17:05

* Griffon Corp  GFF.N  reported quarterly adjusted earnings
of
$1.37​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for earnings of
33 cents per share.
    * Revenue rose 22.8% to $779.62 million from a year ago; 
analysts
expected $668.92 million. 
    * Griffon Corp's reported EPS for the quarter was $1.23​.
    * The mean earnings estimate of analysts had risen by
about 4.4%
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 fallen by 5.7% this quarter and
lost 33.7% so far this year.
    * The company reported quarterly net income of $65.69
million.
    * Wall Street's median 12-month price target for Griffon
Corp is
$39.00 
    * 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 April 29 at 04:04 p.m.  ​All
figures in US dollars unless otherwise stated