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GFF Griffon News Story

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

* Griffon Corp  GFF.N  reported quarterly adjusted earnings of
40 cents​​ per share for the quarter ended in September. The
mean expectation of six analysts for the quarter was
for earnings of 45 cents per share.
* Revenue fell 13.7% to $570.20 million from a year ago; 
analysts expected $677.02 million. 
* Griffon Corp's reported EPS for the quarter was 30 cents​.
* The mean earnings estimate of analysts had fallen by
about 0.7% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* Griffon Corp shares had risen by 17.1% this quarter and
gained 41.4% so far this year.
* The company reported quarterly net income of $15.89 million.
* Wall Street's median 12-month price target for Griffon Corp is
$33.50 
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 6 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
This summary was machine generated November 16 at 01:49 p.m.
 ​All figures in US dollars unless otherwise stated

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