Masco Corp expected to post earnings of $1.08 a share - Earnings Preview

Masco

25/10/2024 14:15

* Masco Corp  MAS.N   MAS  is expected to show a rise in
quarterly
revenue when it reports  results on October 29 for the period
ending September 30 2024
    * The Livonia Michigan-based  company is expected to report
a
0.9% increase in revenue to $1.997 billion from $1.98 billion a
year ago, according to the mean estimate from 19 analysts, based
on LSEG data. (Sales/Revenue Majority Basis is on Net Sales)
    * ​LSEG's mean analyst estimate for Masco Corp is for
earnings of
$1.08 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 12
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Masco Corp
is
$86.00​, above​ its last closing price of $82.88. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   1.17        1.18       1.20      Beat    1.7
 Mar. 31 0001  0.88        0.88       0.93      Beat    5.1
 Jan. 1 0001   0.66        0.66       0.83      Beat    26.4​
 Sep. 30 2023  0.91        0.91       1.00      Beat    9.6
 ​​Jun.        0.95        0.96       1.19      Beat    24
 30 2023                                                
 Mar. 31 2023  0.64        0.63       0.87      Beat    38.2​
 Jan. 1 0001   0.66        0.67       0.65      Missed  -3.4
 Jan. 1 0001   1.05        1.06       0.98      Missed  -7.3
 This summary was machine generated October 25 at 13:14 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)