Griffon Corp. Earnings Climb 17% In Q2

(RTTNews) - Griffon Corp. (GFF) revealed a profit for its second quarter that gained ground compared to the same period last year.

The company said its bottom line rose to $6.14 million, or $0.14 per share. This was up from $5.27 million, or $0.11 per share, in last year's second quarter.

Analysts had expected the company to earn $0.11 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 0.0% to $500.11 million. This was up from $500.02 million last year.

Griffon Corp. earnings at a glance:

-Earnings (Q2): $6.14 Mln. vs. $5.27 Mln. last year. -Earnings Growth (Y-o-Y): 16.5% -EPS (Q2): $0.14 vs. $0.11 last year. -EPS Growth (Y-o-Y): 27.3% -Analysts Estimate: $0.11 -Revenue (Q2): $500.11 Mln vs. $500.02 Mln last year. -Revenue Change (Y-o-Y): 0.0%