Griffon Corp (GFF) Tops Q1 EPS by 26c

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Griffon Corporation Announces First Quarter Results

February 1, 2022 8:00 AM EST

NEW YORK--(BUSINESS WIRE)-- Griffon Corporation (Griffon or the Company) (NYSE: GFF) today reported results for the first quarter of fiscal 2022 ended December 31, 2021.

Revenue for the first quarter totaled $591.7 million, a 9% increase compared to the prior year quarter revenue of $541.5 million.

Income from continuing operations totaled $16.9 million, or $0.31 per share, compared to $25.4 million, or $0.48 per share, in the prior year quarter. Current year adjusted income from continuing operations was $21.1 million, or $0.39 per share, compared to $26.7 million, or $0.50 per share, in the prior year quarter (see reconciliation of Income from continuing operations to Adjusted income... More