Griffon Corporation Announces Second Quarter Results NEW YORK, NEW YORK, May 8, 2024 – Griffon Corporation (“Griffon” or the “Company”) (NYSE:GFF) today reported results for the fiscal 2024 second quarter ended March 31, 2024. Revenue for the second quarter totaled $672.9 million, a 5% decrease compared to $711.0 million in the prior year quarter. Net income totaled $64.1 million, or $1.28 per share, compared to a net loss of $62.3 million, or $1.17 per share, in the prior year quarter. Excluding all items ...

Griffon Corporation (GFF) is expected to release second-quarter fiscal 2024 (ended Mar 31, 2024) results on May 8.The company's earnings beat estimates in each of the trailing four quarters, delivering an average surprise of 42%. In the last reported quarter, its earnings of $1.07 per share surpassed the Zacks Consensus Estimate of 78 cents by 37.2%.Image Source: Zacks Investment ResearchIn the past three months, GFF’s shares have risen 2.7% against the industry’s decline of 4%.Let’s see how things have sha ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Griffon (GFF) .Griffon currently has an average brokerage recomme ...

The most recent trading session ended with Griffon (GFF) standing at $67.81, reflecting a -1.84% shift from the previouse trading day's closing. The stock's performance was behind the S&P 500's daily gain of 0.02%. Elsewhere, the Dow lost 0.11%, while the tech-heavy Nasdaq added 0.1%.Prior to today's trading, shares of the garage door and building products maker had lost 5.37% over the past month. This has was narrower than the Conglomerates sector's loss of 6.75% and lagged the S&P 500's loss of 3.01% in t ...

Griffon公司股价表现 - Griffon (GFF)最新收盘价为$65.26，较前一交易日下跌1.89%[1] - Griffon公司股价在过去一个月内下跌了5.91%，表现优于综合企业部门的8.26%损失，但落后于标普500指数的1.09%损失[2] 财务表现预测 - 投资界将密切关注Griffon在即将发布的财报中的表现。预计公司每股收益为$0.92，较去年同期下降23.97%。目前的共识预测公司营收为$6.21亿，较去年同期下降12.66%[3] - 根据Zacks Consensus Estimates，整个财政年度的预测显示每股收益为$4.52，营收为$26.3亿，较上一年分别下降了0.44%和1.91%。投资者应密切关注分析师对Griffon的最新预测变化[4]

Griffon (GFF) ended the recent trading session at $68.48, demonstrating a +0.96% swing from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily gain of 0.74%. Meanwhile, the Dow experienced a drop of 0.01%, and the technology-dominated Nasdaq saw an increase of 1.68%.Prior to today's trading, shares of the garage door and building products maker had lost 1.84% over the past month. This has was narrower than the Conglomerates sector's loss of 11.97% and lagged the S&P ...

经纪推荐和Zacks Rank - 投资者常依赖华尔街分析师的推荐来决定是否买入、卖出或持有股票[1] - Griffon目前的平均经纪推荐（ABR）为1.00，表示强烈买入[2] - 经纪推荐可能存在强烈的正向偏见，因为经纪公司对其覆盖的股票有利益关系[5] - Zacks Rank是一个可靠的股票评级工具，将股票分为五组，从Zacks Rank 1（强烈买入）到Zacks Rank 5（强烈卖出）[7] - Zacks Rank和ABR是不同的指标，Zacks Rank是基于盈利预期修订的量化模型，而ABR是基于经纪推荐计算的[8] - 经纪推荐往往过于乐观，而Zacks Rank则更加关注盈利预期修订[10] - Zacks Rank和ABR在新鲜度方面也有区别，Zacks Rank更及时地反映经纪分析师对盈利预期的修订[13] Griffon的盈利预期 - Griffon的盈利预期一直在下调，导致Zacks Rank为4（卖出）[16] - 基于Zacks Rank为4的情况，对Griffon的买入等价ABR可能需要谨慎对待[17]

Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. -- ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and traditional valuation metrics to fin ...

Have you been paying attention to shares of Griffon (GFF) ? Shares have been on the move with the stock up 9.1% over the past month. The stock hit a new 52-week high of $74.28 in the previous session. Griffon has gained 20.8% since the start of the year compared to the 12.1% move for the Zacks Conglomerates sector and the 12.1% return for the Zacks Diversified Operations industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings c ...