Griffon Corporation (GFF)

Griffon Corporation beat expectations on both the top and bottom line in the third fiscal quarter of 2026, reported Aug. 5, as adjusted EPS of $1.51 topped the $1.34 estimate by 12.7% and revenue of about $481.4 million exceeded the $457.7 million consensus by 5.2%. Revenue fell about 22% from about $613.6 million a year ago, but net income rose 143% to about $51.6 million from a loss of $120.1 million, while adjusted EPS was up 0.7% from $1.50 a year ago. Gross margin was near 47% and operating margin about 24%. Operating cash flow came in at about $120.5 million, and the company repurchased about $54.6 million of stock and paid about $9.7 million in dividends. Consensus for the next period calls for EPS of $1.55 on revenue of $480.1 million.