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Masco Corp reports results for the quarter ended June 30 - Earnings Summary

Masco Corp MAS.N reported quarterly adjusted earnings of $1.30​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.20.  The mean expectation of twenty one analysts for the quarter was for earnings of $1.09 per share. Wall Street expected results to range from 95 cents to $1.22 per share.

Revenue fell 1.9% to $2.05 billion from a year ago; analysts expected $1.99 billion.

Masco Corp's reported EPS for the quarter was $1.28​.

The company reported quarterly net income of $270 million.

Masco Corp shares had risen by 2.1% this quarter and lost 9.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 2% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

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  "buy."

Wall Street's median 12-month price target for Masco Corp is $71.00, about 7.4% above its last closing price of $65.73

This summary was machine generated from LSEG data July 31 at 12:36 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20251.091.30Beat
Mar. 31 20250.920.87Missed
Dec. 31 20240.870.89Beat
Sep. 30 20241.081.08Met

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