(Adds Outlook, stock movement)
For the full year, Griffon Corporation (GFF) has reaffirmed its guidance.
The company still projects adjusted EBITDA of $458 million, and revenue of $1.8 billion.
For fiscal 2025, Griffon had posted an adjusted EBITDA of $522.3 million, with revenue of $2.5 billion.
In the pre-market activity, GFF was down by 3.53% at $89.31 on the New York Stock Exchange.
Q2 Results:
For the second quarter, Griffon reported earnings that dropped from the same period last year.
The company's earnings came in at $19.318 million, or $0.42 per share. This compares with $56.762 million, or $1.21 per share, last year.
The company's revenue for the period fell 1.1% to $421.860 million from $426.684 million last year.
Griffon Corp. earnings at a glance (GAAP) :
-Earnings: $19.318 Mln. vs. $56.762 Mln. last year.-EPS: $0.42 vs. $1.21 last year.-Revenue: $421.860 Mln vs. $426.684 Mln last year.
For the quarter, the company posted adjusted income from continuing operations of $48.148 million, or $1.05 per share, compared with $49.469 million, or $1.05 per share in the same period last year.
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