Griffon: Overview of Fiscal First Quarter Earnings
Griffon Corp. Reports Strong First-Quarter Earnings
Griffon Corp., headquartered in New York, announced on Thursday that it achieved a net profit of $64.4 million for its fiscal first quarter.
The company recorded earnings of $1.41 per share, with adjusted earnings—excluding certain one-time items—reaching $1.45 per share.
These results exceeded the expectations of Wall Street analysts, who, according to a survey by Zacks Investment Research, had predicted earnings of $1.34 per share.
During the quarter, the manufacturer specializing in garage doors and building products generated $649.1 million in revenue.
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