Griffon Corp. (GFF) Misses Q1 EPS by 1c

Griffon Corp. (NYSE: GFF) reported Q1 EPS of $0.12, $0.01 worse than the analyst estimate of $0.13. Revenue for the quarter came in at $508 million versus the consensus estimate of $505.5 million.

Ronald J. Kramer, Chief Executive Officer, commented, “We are pleased with our performance this quarter. Our focus on operational performance is yielding results. Home and Building Products improved through a combination of growth in our core business and through acquisition. Plastics benefitted from the initiatives and actions implemented to improve its operating efficiencies. Telephonics also performed well despite facing a difficult comparison with last year’s second quarter. We are confident that our businesses are poised for growth and enhanced profitability.”

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

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