Griffin Industrial Realty (GRIF) Reports Q2 EPS of $0.07

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Go back to Griffin Industrial Realty (GRIF) Reports Q2 EPS of $0.07

Griffin Announces Fiscal 2018 Second Quarter Results

July 10, 2018 8:38 AM EDT

NEW YORK, July 10, 2018 (GLOBE NEWSWIRE) -- Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (Griffin) reported total revenue of $9,091,000 and $17,396,000 for the three months ended May 31, 2018 (the 2018 second quarter) and six months ended May 31, 2018 (the 2018 six month period), respectively, as compared to $18,087,000 and $25,066,000 for the three months ended May 31, 2017 (the 2017 second quarter) and six months ended May 31, 2017 (the 2017 six month period), respectively. The lower total revenue in the 2018 second quarter and 2018 six month period, versus the comparable 2017 periods, reflected a decrease in revenue from property sales partially offset by an increase in rental revenue. Rental revenue increased to... More