Griffon (GFF) closed at $100.26, up 2.65 percent, outpacing the S&P 500's 0.6 percent gain, the Dow's 0.03 percent rise, and the Nasdaq's 1.18 percent increase.
The garage door and building products manufacturer also outperformed over the past month, gaining 1.65 percent while the Conglomerates sector fell 0.37 percent and the S&P 500 declined 0.79 percent.
Analysts project Griffon to report earnings of $1.59 per share in its next quarter, up 3.25 percent year-over-year. Revenue is expected to hit $481.08 million, down 27.35 percent from the prior year.
For the full fiscal year, consensus estimates forecast earnings of $5.40 per share, down 4.42 percent, and revenue of $1.84 billion, down 27.04 percent.
Griffon holds a Zacks Rank of #4 (Sell). The stock carries a forward P/E of 16, a premium to the industry average of 13.26. Recent estimate revisions have moved 1.31 percent lower over the past month.
