Griffon Corp. Q3 Earnings Rise 4%

(RTTNews) - Griffon Corp. (GFF) announced a profit for its third quarter that climbed compared to the same period last year.

The company said its bottom line totaled $11.04 million, or $0.26 per share. This was up from $10.64 million, or $0.23 per share, in last year's third quarter.

Analysts had expected the company to earn $0.25 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 9.7% to $462.20 million. This was down from $511.69 million last year.

Griffon Corp. earnings at a glance:

-Earnings (Q3): $11.04 Mln. vs. $10.64 Mln. last year. -Earnings Growth (Y-o-Y): 3.8% -EPS (Q3): $0.26 vs. $0.23 last year. -EPS Growth (Y-o-Y): 13.0% -Analysts Estimate: $0.25 -Revenue (Q3): $462.20 Mln vs. $511.69 Mln last year. -Revenue Change (Y-o-Y): -9.7%