Griffin Industrial Realty (GRIF) Posts Quarterly Earnings Results

Griffin Industrial Realty (NASDAQ:GRIF) issued its earnings results on Tuesday. The financial services provider reported ($0.03) earnings per share (EPS) for the quarter, Bloomberg Earnings reports. Griffin Industrial Realty had a negative return on equity of 1.06% and a negative net margin of 5.85%. The business had revenue of $8.40 million for the quarter.

Shares of Griffin Industrial Realty stock opened at $33.93 on Wednesday. Griffin Industrial Realty has a 1 year low of $27.98 and a 1 year high of $46.50.

In related news, SVP Thomas M. Lescalleet sold 1,178 shares of the firm’s stock in a transaction on Friday, November 16th. The shares were sold at an average price of $35.33, for a total transaction of $41,618.74. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 28.00% of the company’s stock.

Separately, ValuEngine cut shares of Griffin Industrial Realty from a “buy” rating to a “hold” rating in a report on Monday, February 4th.

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About Griffin Industrial Realty

Griffin Industrial Realty, Inc develops, manages, and leases industrial and commercial properties in the United States. As of November 30, 2017, the company owned 35 buildings comprising 23 industrial/warehouse buildings, 11 office/flex buildings, and a restaurant building. It also owns approximately 2,791 acres of land in Connecticut, as well as owns approximately 346 acres of land in Massachusetts, 131 acres of land in Pennsylvania, 18 acres in North Carolina, and 1,066 acres in northern Florida.

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Earnings History for Griffin Industrial Realty (NASDAQ:GRIF)

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