Griffon Corp (GFF) Reports Q1 EPS of 53c

Griffon Corp (NYSE: GFF) reported Q1 EPS of $0.53, may not compare to the analyst estimate of $0.14. Revenue for the quarter came in at $437.3 million versus the consensus estimate of $449.3 million.

• Current quarter results included tax benefits, net, for certain tax items which affect comparability (see tax section below) of $23.0 million, or $0.53 per share, acquisition related costs of $3.2 million ($2.3 million net of tax, or $0.05 per share) and the cost of a life insurance benefit of $2.6 million ($0.2 million net of tax, or $0.01 per share).

For earnings history and earnings-related data on Griffon Corp (GFF) click here.

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