Griffon reports Q3 adjusted EPS $1.29, consensus 92c

Reports Q3 revenue $683.43M, consensus $700.12M. “Griffon’s results for the third quarter have exceeded expectations due to the outstanding performance of our Home and Building Products (“HBP”) segment,” said Ronald Kramer, chairman and CEO. “HBP benefited from increased commercial volume as well as favorable pricing and mix across all products and channels. HBP’s performance has been supported by an increased investment in business development, as well as investments in productivity and innovation that will drive future growth.”