Griffon Corp (GFF) Tops Q1 EPS by 22c

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Go back to Griffon Corp (GFF) Tops Q1 EPS by 22c

Griffon Corporation Announces First Quarter Results

January 28, 2021 8:02 AM EST

NEW YORK--(BUSINESS WIRE)-- Griffon Corporation (Griffon or the Company) (NYSE: GFF) today reported results for the first quarter of fiscal 2021 ended December 31, 2020.

Consolidated revenue for the first quarter totaled $609.3 million, an 11% increase compared to the prior year quarter revenue of $548.4 million.

Net income totaled $29.5 million, or $0.55 per share, compared to $10.6 million, or $0.24 per share, in the prior year quarter. Current year adjusted net income was $29.8 million, or $0.56 per share, compared to $15.6 million, or $0.36 per share, in the prior year quarter, a 56% increase (see the reconciliation of Net income to Adjusted net... More