Griffon (GFF) Q1 Earnings and Revenues Surpass Estimates

HomeInvesting

Griffon (GFF) Q1 Earnings and Revenues Surpass Estimates

Griff


Griffon (GFF) got here out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.22 per share a yr in the past. These figures are adjusted for non-recurring objects.

This quarterly report represents an earnings shock of 50%. 1 / 4 in the past, it was anticipated that this storage door and constructing merchandise maker would submit earnings of $0.38 per share when it truly produced earnings of $0.40, delivering a shock of 5.26%.

During the last 4 quarters, the corporate has surpassed consensus EPS estimates 4 occasions.

Griffon, which belongs to the Zacks Diversified Operations trade, posted revenues of $548.44 million for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 4.43%. This compares to year-ago revenues of $510.52 million. The corporate has topped consensus income estimates 3 times over the past 4 quarters.

The sustainability…



nasdaq.com