Masco Corp reports results for the quarter ended June 30 - Earnings Summary
Masco Corp reports results for the quarter ended June 30 - Earnings Summary
Masco Corp MAS.N reported quarterly adjusted earnings of $1.64 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.30. The mean expectation of twenty analysts for the quarter was for earnings of $1.32 per share. Wall Street expected results to range from $1.27 to $1.36 per share.
Revenue fell 2.9% to $1.99 billion from a year ago; analysts expected $2.08 billion.
Masco Corp's reported EPS for the quarter was $1.60.
The company reported quarterly net income of $318 million.
Masco Corp shares had risen by 0.3% this quarter and gained 28.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.2% 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 9 "strong buy" or "buy," 11 "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 $82.00, about 0.5% above its last closing price of $81.61
This summary was machine generated from LSEG data July 29 at 01:27 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 |
Jun. 30 2026 | 1.32 | 1.64 | Beat |
Mar. 31 2026 | 0.88 | 1.04 | Beat |
Dec. 31 2025 | 0.79 | 0.82 | Beat |
Sep. 30 2025 | 1.03 | 0.97 | Missed |
Recent news on Masco
See all newsRBC downgrades building product companies, flags 2027 headwinds
US RESEARCH ROUNDUP-Allstate, Caribou Biosciences, Zscaler
Brief: Masco Corporation Says Chairman Emeritus Richard Manoogian Passes Away At Age 90
U.S. RESEARCH ROUNDUP-Masco, Sherwin-Williams, Vulcan Materials
S&P 500 top and bottom performing stocks at about 03:30 p.m. EDT