Griffon Corp (GFF) Tops Q4 EPS by 7c
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Griffon Corporation Announces Annual and Fourth Quarter Results
November 13, 2019 4:19 PM ESTNEW YORK--(BUSINESS WIRE)-- Griffon Corporation (Griffon or the Company) (NYSE: GFF) today reported results for the fourth quarter and fiscal year ended September 30, 2019.
For the full year 2019, revenue totaled $2.21 billion, increasing 12% from the prior year revenue of $1.98 billion. Organic growth in 2019 was 5%.
For the full year 2019, Income from continuing operations totaled $45.6 million, or $1.06 per share, compared to $33.3 million, or $0.78 per share, in the prior year. Current year results included a benefit from the reversal of contingent consideration related to the Kelkay acquisition of $1.6 million ($1.3 million, net of tax, or $0.03 per share) and... More
