Masco(MAS)

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Behr Announces First-Ever Commercial Color Forecast
Prnewswire· 2024-06-10 13:00
SANTA ANA, Calif., June 10, 2024 /PRNewswire/ -- Behr Paint Company proudly introduces its first-ever Commercial Color Forecast, a collection of future-focused color palettes inspired by design professionals from some of the nation's leading architectural firms. The 2025 Commercial Color Forecast will debut to designers and industry professionals at NeoCon held June 10-12, 2024 in Chicago. The 2025 Commercial Color Forecast—titled "No Clear Boundaries"—includes a palette of five color themes that range from ...
Why Is Masco (MAS) Down 1.6% Since Last Earnings Report?
zacks.com· 2024-05-24 16:37
A month has gone by since the last earnings report for Masco (MAS) . Shares have lost about 1.6% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Masco due for a breakout? 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 Q1 Earnings Beat Estimates, Margins Rise Y/Y Masco Corpora ...
Why Masco (MAS) is a Top Value Stock for the Long-Term
Zacks Investment Research· 2024-04-30 14:45
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks S ...
Masco (MAS) Q1 Earnings Beat Estimates, Margins Rise Y/Y
Zacks Investment Research· 2024-04-24 18:51
Masco Corporation (MAS) reported mixed results for first-quarter 2024, wherein earnings surpassed the Zacks Consensus Estimate but net sales lagged the same.On a year-over-year basis earnings increased despite net sales decline. Strong operational efficiency helped it deliver solid earnings. Masco’s focus on a balanced capital deployment strategy helped it return $212 million to shareholders via dividends and share repurchases.Shares of Masco lost 2.3% in the pre-market trading session on Apr 24.Inside the ...
Masco(MAS) - 2024 Q1 - Earnings Call Presentation
2024-04-24 15:51
Quarter Highlights • In local currency, international sales decreased 5% | --- | --- | |---------------------------------|----------------------| | ($ in Millions) | First Quarter 2024 | | Revenue Y-O-Y Change | $1,926 (3%) | | Operating Profit* Y-O-Y Change | $322 $10 | | Operating Margin* Y-O-Y Change | 16.7% 90 bps | | | | | EPS* Y-O-Y Change | $0.93 8% | • In local currency, North American sales decreased 1%, or 4% excluding acquisitions • Operating profit increase driven by cost savings initiatives and ...
Masco (MAS) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-04-24 14:36
Masco (MAS) reported $1.93 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 2.7%. EPS of $0.93 for the same period compares to $0.87 a year ago.The reported revenue represents a surprise of -1.08% over the Zacks Consensus Estimate of $1.95 billion. With the consensus EPS estimate being $0.87, the EPS surprise was +6.90%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectati ...
Masco(MAS) - 2024 Q1 - Earnings Call Transcript
2024-04-24 13:32
Masco Corporation (NYSE:MAS) Q1 2024 Earnings Conference Call April 24, 2024 8:00 AM ET Company Participants Robin Zondervan - Vice President, Chief Accounting Officer & Investor Relations/FP&A Keith Allman - President & Chief Executive Officer Rick Westenberg - Vice President & Chief Financial Officer Conference Call Participants Anthony Pettinari - Citi John Lovallo - UBS Matthew Bouley - Barclays Mike Dahl - RBC Capital Markets Susan Maklari - Goldman Sachs Adam Baumgarten - Zelman Philip Ng - Jefferies ...
Masco(MAS) - 2024 Q1 - Quarterly Report
2024-04-24 11:04
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or Masco Corporation (Exact name of Registrant as Specified in its Charter) Delaware 38-1794485 (I.R.S. Employer Identification No.) (State or Other Jurisdiction of Incorporation or Organization) 17450 College Parkway, Livonia, Michigan 48152 (Address of Principal Executive Offices) (Zip Code) ...
Masco(MAS) - 2024 Q1 - Quarterly Results
2024-04-24 11:02
Exhibit 99 MASCO CORPORATION REPORTS FIRST QUARTER 2024 RESULTS Highlights LIVONIA, Mich. (April 24, 2024) - Masco Corporation (NYSE: MAS), one of the world's leading manufacturers of branded home improvement and building products, reported its first quarter 2024 results. 2024 First Quarter Results "We delivered another quarter of strong results," said Masco President and CEO, Keith Allman. "We expanded adjusted operating profit margin by 90 basis points and grew adjusted earnings per share by 8 percent thr ...
What's in the Cards for Masco (MAS) This Earnings Season?
Zacks Investment Research· 2024-04-22 16:41
Masco Corporation (MAS) is slated to report first-quarter 2024 results on Apr 24, before the opening bell.In the last reported quarter, the company’s earnings beat the Zacks Consensus Estimate by 25.8% and rose 27.7% year over year. Net sales beat the consensus mark by 6% but declined 2% year over year.Masco’s earnings topped the consensus mark in the last four quarters, with the average surprise being 23.4%.The Trend in Estimate RevisionThe Zacks Consensus Estimate for Masco’s first-quarter earnings per sh ...