Masco Corp expected to post earnings of $1.18 a share - Earnings Preview

Masco

23/07/2024 15:02

* Masco Corp  MAS.N   MAS  is expected to show a fall in
quarterly
revenue when it reports  results on July 25 for the period
ending June 30 2024
    * The Livonia Michigan-based  company is expected to report
a
1.1% decrease in revenue to $2.103 billion from $2.13 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
$1.18 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
$79.50​, above​ its last closing price of $72.84. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.88        0.88       0.93      Beat    5.1
 Dec. 31 2024  0.66        0.66       0.83      Beat    26.4
 Sep. 30 2023  0.91        0.91       1.00      Beat    9.6​
 Jun. 30 2023  0.95        0.96       1.19      Beat    24
 ​​Mar.        0.64        0.63       0.87      Beat    38.2
 31 2023                                                
 Dec. 31 2022  0.66        0.67       0.65      Missed  -3.4​
 Sep. 30 2022  1.05        1.06       0.98      Missed  -7.3
 Jun. 30 2022  1.19        1.19       1.14      Missed  -4.2
 This summary was machine generated July 23 at 14:02 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)