Materiality pending
Public signal · 1-minute delayed
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- Griffon Corporation to release Q2 fiscal 2024 results on May 8. - Previous quarter's earnings beat estimates, with an average surprise of 42%. - GFF's shares rose 2.7%, outperforming the industry decline of 4% in the past three months. - Factors influencing Q2 results: increased demand for housing, higher commercial construction demand. - Earnings estimate for Q2: $621 million in revenue, 94 cents per share (22.3% decline). Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings
- Griffon Corporation to release Q2 fiscal 2024 results on May 8.
- Previous quarter's earnings beat estimates, with an average surprise of 42%.
- GFF's shares rose 2.7%, outperforming the industry decline of 4% in the past three months.
- Factors influencing Q2 results: increased demand for housing, higher commercial construction demand.
- Earnings estimate for Q2: $621 million in revenue, 94 cents per share (22.3% decline).
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