Griffon Corp (GFF) Tops Q1 EPS by 15c
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Griffon Corporation Announces First Quarter Results
January 30, 2020 4:08 PM ESTNEW YORK--(BUSINESS WIRE)-- Griffon Corporation (Griffon or the Company) (NYSE: GFF) today reported results for the fiscal first quarter ended December 31, 2019.
Consolidated revenue of $548.4 million increased 7% compared to the prior year quarter revenue of $510.5 million.
Net income totaled $10.6 million, or $0.24 per share, compared to $8.8 million, or $0.21 per share, in the prior year quarter. Current year results included restructuring charges of $6.4 million ($4.1 million, net of tax, or $0.09 per share) and discrete and certain other tax provisions, net, that affect comparability of approximately $0.8 million or $0.02 per share. Prior year quarter results included discrete... More
