Griffon Corp (GFF) Tops Q4 EPS by 2c, Revenues Miss

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Go back to Griffon Corp (GFF) Tops Q4 EPS by 2c, Revenues Miss

Griffon Corporation Announces Annual and Fourth Quarter Results

November 14, 2018 4:07 PM EST

NEW YORK--(BUSINESS WIRE)-- Griffon Corporation (Griffon or the Company) (NYSE: GFF) today reported results for the fourth quarter and fiscal year ended September 30, 2018.

For the full year 2018, revenue from continuing operations totaled $2.0 billion, increasing 30% from the prior year revenue of $1.5 billion.

For the full year 2018, Income from continuing operations totaled $33.3 million, or $0.78 per share, compared to $17.8 million, or $0.41 per share, in the prior year. Current year results included acquisition costs of $7.6 million ($5.0 million, net of tax, or $0.12 per share), special dividend ESOP charges of $3.2 million ($2.1 million, net tax, or $0.05), secondary equity offering costs of... More