Masco Corp expected to post earnings of 88 cents a share - Earnings Preview

Masco

22/04/2024 12:27

* Masco Corp  MAS.N   MAS  is expected to show a fall in
quarterly
revenue when it reports  results on April 24 for the period
ending March 31 2024
    * The Livonia Michigan-based  company is expected to report
a
2.0% decrease in revenue to $1.939 billion from $1.98 billion a
year ago, according to the mean estimate from 18 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
88 cents 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 had risen by
about 0.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Masco Corp
is
$82.00​, above​ its last closing price of $71.91. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  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. 31 2023  0.64        0.63       0.87      Beat    38.2
 ​​Dec.        0.66        0.67       0.65      Missed  -3.4
 31 2022                                                
 Sep. 30 2022  1.05        1.06       0.98      Missed  -7.3​
 Jun. 30 2022  1.19        1.19       1.14      Missed  -4.2
 Mar. 31 2022  0.84        0.85       0.95      Beat    12.2
 This summary was machine generated April 22 at 11:27 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)