Griffon Reaffirmed FY24 Outlook: Revenue Of $2.65B Vs. Consensus Of $2.657B, Adjusted EBITDA Of $555M
Portfolio Pulse from Benzinga Newsdesk
Griffon Corporation reaffirmed its FY24 outlook, projecting revenue of $2.65 billion and adjusted EBITDA of $555 million, which aligns closely with consensus estimates.
August 07, 2024 | 11:37 am
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Griffon Corporation reaffirmed its FY24 outlook, projecting revenue of $2.65 billion and adjusted EBITDA of $555 million, which aligns closely with consensus estimates.
The reaffirmation of Griffon's FY24 outlook with revenue and adjusted EBITDA closely matching consensus estimates is likely to instill confidence among investors, potentially leading to a positive short-term impact on the stock price.
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