Griffon Corp. (GFF) announced earnings for its first quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $70.851 million, or $1.49 per share. This compares with $42.177 million, or $0.82 per share, last year.
Excluding items, Griffon Corp. reported adjusted earnings of $65.873 million or $1.39 per share for the period.
Analysts on average had expected the company to earn $1.19 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 1.7% to $632.371 million from $643.153 million last year.
Griffon Corp. earnings at a glance (GAAP) :
-Earnings: $70.851 Mln. vs. $42.177 Mln. last year.-EPS: $1.49 vs. $0.82 last year.-Revenue: $632.371 Mln vs. $643.153 Mln last year.
GFF was down by 5.72 percent at $70.06 in the pre-market trade on the New York Stock Exchange.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.