A Look Ahead: Griffon's Earnings Forecast

Griffon (NYSE:GFF) will release its quarterly earnings report on Wednesday, 2024-11-13. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Griffon to report an earnings per share (EPS) of $1.18.

The market awaits Griffon's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Overview of Past Earnings

During the last quarter, the company reported an EPS missed by $0.07, leading to a 4.82% increase in the share price on the subsequent day.

Griffon Share Price Analysis

Shares of Griffon were trading at $69.95 as of November 11. Over the last 52-week period, shares are up 57.76%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Observations about Griffon

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Griffon.

The consensus rating for Griffon is Outperform, derived from 2 analyst ratings. An average one-year price target of $88.5 implies a potential 26.52% upside.

Analyzing Analyst Ratings Among Peers

In this comparison, we explore the analyst ratings and ...