RTTNews | Jul 29, 2021 04:46PM EDT

16:45 Thursday, July 29, 2021 (RTTNews.com) - Griffon Corp. (GFF) reported a profit for third quarter that decreased from the same period last year.

The company's bottom line totaled $16.71 million, or $0.31 per share. This compares with $21.83 million, or $0.50 per share, in last year's third quarter.

Excluding items, Griffon Corp. reported adjusted earnings of $22.82 million or $0.43 per share for the period.

Analysts had expected the company to earn $0.40 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 2.3% to $646.79 million from $632.06 million last year.

Griffon Corp. earnings at a glance:

-Earnings (Q3): $22.82 Mln. vs. $25.85 Mln. last year.-EPS (Q3): $0.43 vs. $0.59 last year.-Analysts Estimate: $0.40-Revenue (Q3): $646.79 Mln vs. $632.06 Mln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3213787/griffon-corp-q3-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved