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

Griffon

17/11/2022 13:57

* Griffon Corp  GFF.N  reported quarterly adjusted earnings
of
$1.09​​ per share for the quarter ended in September. The mean
expectation of five analysts for the quarter was for earnings of
78 cents per share.
    * Revenue rose 24.3% to $708.94 million from a year ago;
analysts
expected $708.66 million. 
    * Griffon Corp's reported EPS for the quarter was a loss of
$7.97​.
    * The mean earnings estimate of analysts had fallen by
about 1.3%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Griffon Corp shares had risen by 13.9% this quarter and
gained 27.0% so far this year.
    * The company reported a quarterly loss of $415.36 million.
    * Wall Street's median 12-month price target for Griffon
Corp is
$46.00 
    * 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 November
17 at 01:57 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.78           1.09           Beat
 Jun. 30 2022      0.99           1.23           Beat
 Mar. 31 2022      0.33           1.37           Beat
 Dec. 31 2021      0.14           0.39           Beat