Griffon Corporation (NYSE: GFF) saw its stock price soar 5.67% in pre-market trading on Wednesday, following the release of its fourth-quarter results and fiscal year 2026 outlook. The company, which specializes in home and building products as well as consumer and professional tools, reported better-than-expected earnings and revenue for the quarter ended September 30.
Griffon's Q4 revenue came in at $662.2 million, surpassing the analyst consensus estimate of $632.8 million by 4.64%. The company also reported adjusted earnings per share of $1.54, beating the expected $1.51. This represents a 4.76% increase from the same period last year, demonstrating Griffon's resilience in a challenging economic environment.
Adding to the positive sentiment, Griffon provided an optimistic outlook for fiscal year 2026. The company expects revenue to reach $2.5 billion and adjusted EBITDA between $580 million and $600 million. Furthermore, Griffon's board of directors declared a regular quarterly cash dividend of $0.22 per share, payable on December 16, 2025, signaling confidence in the company's financial stability and future prospects. The combination of strong quarterly results, positive guidance, and shareholder-friendly actions appears to have fueled investor enthusiasm, driving the stock's significant pre-market gain.
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