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Griffon Corp reports results for the quarter ended March 31 - Earnings Summary

Griffon Corp GFF.N reported quarterly adjusted earnings of $1.23​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $1.35.  The mean expectation of seven analysts for the quarter was for earnings of $1.09 per share. Wall Street expected results to range from 90 cents to $1.20 per share.

Revenue fell 9.1% to $611.75 million from a year ago; analysts expected $618.23 million.

Griffon Corp's reported EPS for the quarter was $1.21​.

The company reported quarterly net income of $56.76 million.

Griffon Corp shares had fallen by 5.0% this quarter and lost 4.7% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 0.3% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 7 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the construction supplies & fixtures peer group is also "strong buy"

Wall Street's median 12-month price target for Griffon Corp is $95.00

This summary was machine generated from LSEG data May 8 at 03:07 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20251.091.23Beat
Dec. 31 20241.191.39Beat
Sep. 30 20241.181.47Beat
Jun. 30 20241.311.24Missed

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