Last week, you might have seen that Griffon Corporation (NYSE:GFF) released its second-quarter result to the market. The early response was not positive, with shares down 3.6% to US$68.48 in the past week. Revenues were US$612m, approximately in line with expectations, although statutory earnings per share (EPS) performed substantially better. EPS of US$1.21 were also better than expected, beating analyst predictions by 13%. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

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Following last week's earnings report, Griffon's seven analysts are forecasting 2025 revenues to be US$2.57b, approximately in line with the last 12 months. Per-share earnings are expected to climb 18% to US$5.78. In the lead-up to this report, the analysts had been modelling revenues of US$2.60b and earnings per share (EPS) of US$5.72 in 2025. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.

View our latest analysis for Griffon

The analysts reconfirmed their price target of US$97.14, showing that the business is executing well and in line with expectations. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. The most optimistic Griffon analyst has a price target of US$115 per share, while the most pessimistic values it at US$90.00. Even so, with a relatively close grouping of estimates, it looks like the analysts are quite confident in their valuations, suggesting Griffon is an easy business to forecast or the the analysts are all using similar assumptions.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We would highlight that Griffon's revenue growth is expected to slow, with the forecast 1.2% annualised growth rate until the end of 2025 being well below the historical 5.1% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 5.4% per year. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than Griffon.