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Update: Griffon's Shares Rise After Fiscal Q1 Adjusted Earnings Beat
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Update: Griffon's Shares Rise After Fiscal Q1 Adjusted Earnings Beat
Feb 5, 2025 9:19 AM

11:57 AM EST, 02/05/2025 (MT Newswires) -- (Updates with stock price movement in the headline and first paragraph.)

Griffon (GFF) shares were up over 10% in recent trading Wednesday after the company posted higher fiscal Q1 adjusted earnings that also topped consensus.

The company reported fiscal Q1 adjusted earnings of $1.39 per diluted share, compared with $1.07 a year earlier.

Analysts surveyed by FactSet expected $1.19.

Revenue for the quarter ended Dec. 31 was $632.4 million, compared with $643.2 million a year earlier.

Analysts surveyed by FactSet expected $637.6 million.

Price: 82.07, Change: +7.76, Percent Change: +10.44

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