Analysts on Wall Street project that Masco (MAS) will announce quarterly earnings of $0.88 per share in its forthcoming report, representing an increase of 6% year over year. Revenues are projected to reach $1.84 billion, declining 2.2% from the same quarter last year.The consensus EPS estimate for the quarter has undergone a downward revision of 0.2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during t ...

Masco (MAS) is expected to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on February 11, 2025, might help the stock move higher if these key numbers are better than expec ...

Investors with an interest in Building Products - Miscellaneous stocks have likely encountered both Owens Corning (OC) and Masco (MAS) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank puts an emphasis on earnings estimates ...

A month has gone by since the last earnings report for Masco (MAS) . Shares have added about 0.1% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Masco due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Masco Q3 Earnings Match Estimates, Sales Beat, EPS View LoweredM ...

Masco Corporation (MAS) reported third-quarter 2024 results, wherein earnings met the Zacks Consensus Estimate and net sales marginally beat the same. Strong operational efficiency helped it deliver strong earnings amid challenging market conditions. Shares of Masco lost 0.3% in the pre-market trading session on Tuesday. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Masco's focus on a balanced capital deployment strategy helped it return $255 million to shareholders via dividends ...

Financial Data and Key Metrics - Net sales were in line with the prior year, with gross profit margin rising 90 basis points to 36.7% due to operational efficiencies and cost savings [8] - Operating profit increased by $12 million (3%) to $360 million, with operating profit margin expanding 60 basis points to 18.2% [9] - Earnings per share grew 8% to $1.08 per share [9] - Free cash flow remained strong, with $255 million returned to shareholders through dividends and share repurchases [19] - Full-year operating margin is expected to be approximately 17.5%, at the top end of the previously guided range [22] Business Segment Performance Plumbing Segment - Sales increased 2% overall, with North American Plumbing sales up 2% and International Plumbing sales up 3% in local currency [10][11] - Operating profit for the segment increased by $17 million to $242 million, with operating margin expanding 100 basis points to 19.9% [11] - New product launches, such as the Tankless Reverse Osmosis Water Filtration System and PowderSpray Faucet, drove innovation and market leadership [12][13] Decorative Architectural Segment - Sales decreased 3% in the quarter, with DIY paint sales down mid-single digits and pro-paint sales up high single digits [15][16] - Operating profit decreased by $6 million to $138 million, with operating margin remaining strong at 18.1% [16] - The divestiture of Kichler Lighting impacted sales, but the company remains focused on core businesses [15] Market Performance - North American sales were in line with the prior year, while international sales increased 3% in local currency [28] - Europe showed signs of stabilization, while the China market remained challenging but benefited from project pipelines [32] - DIY paint market remains soft, with full-year DIY paint business expected to be down high single digits [35] Strategic Direction and Industry Competition - The company is focused on driving operational efficiencies, cost savings, and innovation to maintain market leadership [7][12] - The divestiture of Kichler Lighting is part of the strategy to streamline the portfolio and focus on core businesses [15] - The company expects to deploy approximately $750 million in 2024 for share repurchases or acquisitions [20] Management Commentary on Market Environment and Future Outlook - The company believes the long-term fundamentals of the repair and remodel markets are strong, driven by factors such as aging housing stock and higher home equity levels [24] - Management expects double-digit EPS growth through cycles, supported by favorable market fundamentals and disciplined capital deployment [25] - The company is well-positioned to outperform competitors due to its capacity, efficiency, and cost structures [25] Other Important Information - The company completed the sale of Kichler Lighting, which is expected to be accretive to margins [15][66] - The acquisition of Sauna360 has been successfully integrated, with the launch of Tylö branded saunas into the existing dealer network [14] - The company maintains a strong balance sheet with $1.6 billion of liquidity and gross debt to EBITDA at 2x [36] Q&A Session Summary DIY Paint Weakness - DIY paint sales remained consistent through the quarter, with no notable changes [46][47] - The company does not view the election as a direct factor affecting DIY paint but emphasizes the importance of responding to market volatility [48][49] Margin Performance - The company achieved its sixth consecutive quarter of margin expansion, driven by operational excellence and cost savings initiatives [51][52] - Full-year margins are expected to expand for both Plumbing and Decorative Architectural segments [53] Repair and Remodel Market Outlook - The company maintains its expectation of 3% to 5% growth for the repair and remodel market, with strong long-term fundamentals [56][57] - The timing of market recovery remains uncertain, but the company is well-positioned to respond quickly [57] Pro Paint Business - The pro paint business is approximately $900 million in size, with expectations to continue growing above market and gaining share [63] - The company has flexibility to shift production from DIY to pro paint based on demand [97] Commodity and Freight Costs - Commodity costs, particularly copper and zinc, have been a headwind, but the company has offset these through cost savings and pricing actions [84][85] - Commodity costs remain elevated, which will factor into pricing strategies for 2025 [89] M&A Strategy - The company remains focused on bolt-on acquisitions within its core businesses, such as Plumbing, coatings, and wellness [101][102] - Proceeds from the Kichler divestiture are expected to be allocated to share buybacks, increasing the capacity for buybacks or acquisitions to $750 million [104] Wellness Business - The Wellness business, including Sauna360, has shown stability and is well-positioned for future growth [111][112]

For the quarter ended September 2024, Masco (MAS) reported revenue of $1.98 billion, up 0.2% over the same period last year. EPS came in at $1.08, compared to $1.00 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $1.98 billion, representing a surprise of +0.07%. The company has not delivered EPS surprise, with the consensus EPS estimate being $1.08. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compa ...

Masco (MAS) came out with quarterly earnings of $1.08 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this maker of Behr paint, Delta faucets and other building products would post earnings of $1.16 per share when it actually produced earnings of $1.20, delivering a surprise of 3.45%. Over the last four quarters, the company has surpassed consensus EPS estimates ...

Third Quarter 2024 Earnings Presentation October 29, 2024 Safe Harbor Statement This presentation contains statements that reflect our views about our future performance and constitute "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as "outlook," "believe," "anticipate," "appear," "may," "will," "should," "intend," "plan," "estimate," "expect," "assume," "seek," "forecast," and similar references to future pe ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of Each Class Trading Symbol Name of Each Exchange On Which Registered Common Stock, $1.00 par value MAS New York Stock Exchange Large accelerated filer ☑Accelerated filer ☐ Non-accelerated filer ☐Smaller reporting company ☐ Emerging growth company ☐ Class Shares Outstanding at September 30, 2024 Common stock, par value $1.00 per share 215,748,893 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHA ...