Masco Corporation Reports Third Quarter 2024 Results
Masco Corporation (MAS)
Last masco corporation earnings: 4/29 07:00 am
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US:NYSE Investor Relations:
investor.masco.com/investor-relations/default.aspx
Company Research
Source: Business Wire
HighlightsNet sales were in line with prior year at $1,983 millionOperating profit decreased 7 percent to $357 million; adjusted operating profit increased 3 percent to $360 millionOperating profit margin decreased 140 basis points to 18.0 percent; adjusted operating profit margin increased 60 basis points to 18.2 percentEarnings per share was $0.77 per share; adjusted earnings per share grew 8 percent to $1.08 per shareRepurchased 2.5 million shares for $192 millionExpect 2024 earnings per share in the range of $3.74 - $3.84 per share, and on an adjusted basis, $4.05 - $4.15 per share LIVONIA, Mich.--(BUSINESS WIRE)--Masco Corporation (NYSE: MAS), one of the world’s leading manufacturers of branded home improvement and building products, reported its third quarter 2024 results.2024 Third Quarter ResultsOn a reported basis, compared to third quarter 2023:Net sales were in line with prior year at $1,983 million; in local currency net sales increased 1 percentPlumbing Products’ net s
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MAS
News
- Coleto Brands Announced as New Parent Company Name for Recently Merged Kichler and Progress Lighting [Yahoo! Finance]Yahoo! Finance
- Masco Co. (NYSE: MAS) had its price target lowered by analysts at Citigroup Inc. from $82.00 to $77.00. They now have a "neutral" rating on the stock.MarketBeat
- Masco Co. (NYSE: MAS) had its "equal weight" rating re-affirmed by analysts at Wells Fargo & Company. They now have a $85.00 price target on the stock, down previously from $92.00.MarketBeat
- Masco Co. (NYSE: MAS) was downgraded by analysts at Jefferies Financial Group Inc. from a "buy" rating to a "hold" rating. They now have a $89.00 price target on the stock, down previously from $96.00.MarketBeat
- Powerful Snake Sewer Cleaning Machines have become the Hot Topic amongst Drain Cleaning Equipment Market Check out the Key Dynamics | Future Market Insights Inc. [Yahoo! Finance]Yahoo! Finance
MAS
Earnings
- 10/29/24 - In-Line
MAS
Sec Filings
- 11/7/24 - Form 4
- 11/6/24 - Form 4
- 11/6/24 - Form 144
- MAS's page on the SEC website