Masco Corporation Reports First 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 decreased 3 percent to $1,926 millionOperating profit increased 1 percent to $318 million; adjusted operating profit increased 3 percent to $322 millionOperating profit margin increased 60 basis points to 16.5 percent; adjusted operating profit margin increased 90 basis points to 16.7 percentEarnings per share was $0.97 per share; adjusted earnings per share grew 8 percent to $0.93 per shareRepurchased 2.1 million shares for $148 millionContinue to expect 2024 earnings per share in the range of $4.00 – $4.25 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 first quarter 2024 results.2024 First Quarter ResultsOn a reported basis, compared to first quarter 2023:Net sales decreased 3 percent to $1,926 million; in local currency and excluding acquisitions, net sales decreased 4 percentPlumbing Products’ net sales decreased 2 percent; in l
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MAS
News
- Masco Co. (NYSE: MAS) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Masco Corporation to Participate in Fireside Chat at Investor ConferenceBusiness Wire
- Why Masco (MAS) is a Top Value Stock for the Long-Term [Yahoo! Finance]Yahoo! Finance
- Masco Co. (NYSE: MAS) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Masco Co. (NYSE: MAS) had its price target lowered by analysts at Loop Capital from $79.00 to $76.00. They now have a "hold" rating on the stock.MarketBeat
MAS
Earnings
- 4/24/24 - Beat
MAS
Sec Filings
- 4/24/24 - Form 10-Q
- 4/24/24 - Form 8-K
- 4/4/24 - Form DEFA14A
- MAS's page on the SEC website