Picture of Masco logo

MAS Masco News Story

0.000.00%
us flag iconLast trade - 00:00
Consumer CyclicalsBalancedLarge CapSuper Stock

Masco Corp reports results for the quarter ended December 31 - Earnings Summary

* Masco Corp  MAS.N  reported quarterly adjusted earnings of
89
cents​​ per share for the quarter ended December 31, higher than
the same quarter last year, when the company reported EPS of 83
cents.  The mean expectation of nineteen analysts for the
quarter was for earnings of 87 cents per share. Wall Street
expected results to range from 85 cents to 90 cents per share.
    * Revenue fell 2.9% to $1.83 billion from a year ago;
analysts
expected $1.83 billion. 
    * Masco Corp's reported EPS for the quarter was 85 cents​.
    * The company reported quarterly net income of $182 million.
    * Masco Corp shares had risen by 6.9% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.4%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 14
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the construction
supplies & fixtures peer group is also "hold"

Wall Street's median 12-month price target for Masco Corp is
$83.75 
This summary was machine generated from LSEG data February 11 at
01:00 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.87           0.89           Beat
 Sep. 30 2024      1.08           1.08           Met
 Jun. 30 2024      1.18           1.20           Beat
 Mar. 31 2024      0.88           0.93           Beat

Recent news on Masco

See all news