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Griffon Boost FY24 Revenue Outlook - Update
(RTTNews) - While reporting financial results for the second quarter on Wednesday, Griffon Corp. (GFF) raised its revenue expectation for the full-year 2024 to $2.65 billion from the prior guidance of $2.6 billion.
On average, five analysts polled by Thomson Reuters expect the company to report revenues of $2.63 billion for the year.
Separately, the Board of Directors declared a regular quarterly cash dividend of $0.15 per share, payable on June 20, 2024 to shareholders of record as of the close of business on May 29, 2024.
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Griffon Guides FY24 Revenues In Line With Estimates - Update
While reporting financial results for the fourth quarter on Wednesday, Griffon Corp. (GFF) initiated its revenue guidance for the full-year 2024 of $2.6 billion.
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Japanese Market Notably Higher
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Indonesia Stock Market May End Losing Streak On Monday
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Australian Market Notably Higher
The Australian stock market is notably higher on Monday, recouping the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving well above the 9,000.00 mark, with gains across most sectors led by mining and technology stocks. Financial stocks were the only weal spot.
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