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Griffon: Fiscal Q3 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — Griffon Corp. (GFF) on Wednesday reported fiscal third-quarter earnings of $51.6 million.

On a per-share basis, the New York-based company said it had net income of $1.14. Earnings, adjusted for one-time gains and costs, came to $1.51 per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.33 per share.

The garage door and building products maker posted revenue of $481.4 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $453.9 million.

Griffon expects full-year revenue of $1.8 billion.

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This story was generated by (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a at https://www.zacks.com/ap/GFF

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