You can see the current list of Zacks #1 Rank Stocks here >>> Set to Beat the Market? Let's discuss some of the components of the Momentum Style Score for GFF that show why this garage door and building products maker shows promise as a solid momentum pick. A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It's also helpful to compare a security to its industry; this can show in ...

While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock aliv ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT ☒ OF 1934 For the quarterly period ended March 31, 2024 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ☐ ACT OF 1934 For the transition period from to Commission File Number: 1-06620 GRIFFON CORPORATION (Exact name of registrant as specified in its charter) Delaware 11-1893410 (State or other jurisdiction of (I.R.S. Em ...

Company Participants Conference Call Participants Operator I would now like to turn the conference over to Brian Harris, CFO. Please go ahead. Thank you, operator. Good morning. It's my pleasure to welcome everybody to Griffon Corporation's second quarter fiscal 2024 earnings call. Joining me for this morning's call is Ron Kramer, Griffon's Chairman and Chief Executive Officer. Our press release was issued earlier this morning and is available on our website at griffon.com. Today's call is being recorded an ...

Griffon (GFF) came out with quarterly earnings of $1.35 per share, beating the Zacks Consensus Estimate of $0.94 per share. This compares to earnings of $1.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 43.62%. A quarter ago, it was expected that this garage door and building products maker would post earnings of $0.78 per share when it actually produced earnings of $1.07, delivering a surprise of 37.18%.Over the last four ...

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 (GFF) closed the latest trading day at $65.26, indicating a -1.89% change from the previous session's end. This change lagged the S&P 500's daily loss of 0.58%. Elsewhere, the Dow saw a downswing of 0.12%, while the tech-heavy Nasdaq depreciated by 1.15%.Shares of the garage door and building products maker have depreciated by 5.91% over the course of the past month, outperforming the Conglomerates sector's loss of 8.26% and lagging the S&P 500's loss of 1.09%.The investment community will be closel ...