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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