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Behr Paint Company Announces 2025 Color of the Year, "Rumors," a Deep Ruby Red That Makes a Statement in Every Space
Prnewswire· 2024-08-21 13:00
New data shows choosing a red paint color is on the rise amongst Americans–where nostalgic flair meets undeniable elegance SANTA ANA, Calif., Aug. 21, 2024 /PRNewswire/ -- Today, Behr Paint Company announces its highly anticipated 2025 Color of the Year: Rumors, a deep and dynamic ruby red that empowers DIYers, designers and paint professionals to create impactful color moments. In fact, about 75% of Americans say they would consider painting a room or wall a shade of red, and Rumors is the perfect choice w ...
Masco (MAS) is a Top-Ranked Growth Stock: Should You Buy?
ZACKS· 2024-08-16 14:51
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Score ...
Masco(MAS) - 2024 Q2 - Earnings Call Transcript
2024-07-25 19:09
Masco Corporation (NYSE:MAS) Q2 2024 Earnings Conference Call July 25, 2024 8:00 AM ET Company Participants Robin Zondervan - Vice President of Investor Relations/FP&A Keith Allman - President & Chief Executive Officer Rick Westenberg - Vice President & Chief Financial Officer Conference Call Participants Matthew Bouley - Barclays Stephen Kim - Evercore ISI John Lovallo - UBS Adam Baumgarten - Zelman & Associates Anthony Pettinari - Citigroup Sam Reid - Wells Fargo Susan Maklari - Goldman Sachs Keith Hughes ...
Masco (MAS) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-07-25 14:35
Masco (MAS) reported $2.09 billion in revenue for the quarter ended June 2024, representing a year-over-year decline of 1.7%. EPS of $1.20 for the same period compares to $1.19 a year ago. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Here is how Masco performed in the just re ...
Masco (MAS) Surpasses Q2 Earnings Estimates
ZACKS· 2024-07-25 13:10
Masco (MAS) came out with quarterly earnings of $1.20 per share, beating the Zacks Consensus Estimate of $1.16 per share. This compares to earnings of $1.19 per share a year ago. These figures are adjusted for nonrecurring items. Over the last four quarters, the company has surpassed consensus EPS estimates four times. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earning ...
Masco(MAS) - 2024 Q2 - Quarterly Report
2024-07-25 11:06
(A) In the second quarter of 2024, we recognized $4 million of goodwill in our Decorative Architectural Products segment related to an immaterial acquisition. The carrying value of our other indefinite-lived intangible assets were $107 million and $108 million at June 30, 2024 and December 31, 2023, respectively, and principally included registered trademarks. The carrying value of our definitelived intangible assets was $252 million (net of accumulated amortization of $136 million) at June 30, 2024 and $26 ...
Masco(MAS) - 2024 Q2 - Quarterly Results
2024-07-25 11:03
MASCO CORPORATION Condensed Consolidated Balance Sheets and Other Financial Data - Unaudited June 30, 2024 and December 31, 2023 MASCO Highlights • On a reported basis, compared to second quarter 2023: • Net sales decreased 2 percent to $2,091 million; in local currency and excluding acquisitions, net sales decreased 2 percent ◦ Plumbing Products' net sales increased 2 percent; in local currency and excluding acquisitions, net sales increased 1 percent ◦ Decorative Architectural Products' net sales decrease ...
Masco (MAS) to Report Q2 Earnings: Here's What to Expect
ZACKS· 2024-07-23 15:21
Our proven model does not conclusively predict an earnings beat for Masco this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. That is not the case here. Currently, MAS has a Zacks Rank #4 (Sell) and an Earnings ESP of -4.43%. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter. Stocks With the Favorable Combination Here are some companies in the Zacks Constru ...
Masco: An Interesting Picture Has Been Painted
Seeking Alpha· 2024-07-19 11:52
Nearly two years ago, in October 2022, I found myself revisiting Masco Corporation (NYSE:MAS). For those not familiar with the business, it operates as a home improvement and building products provider. Products that it sells include, but are not limited to, paints, bath and shower fixtures, faucets, and more. When I last wrote about the firm, I talked about how shares had gotten cheaper leading up to that point. I discussed how some may have viewed that as a buying opportunity. But I also argued that the d ...
Here's Why Masco (MAS) is a Strong Value Stock
ZACKS· 2024-06-11 14:45
#1 (Strong Buy) stocks have produced an unmatched +25.41% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day. This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio. That's where the Style Scores come in. I ...