The highly anticipated financial results for the third quarter of Masco Corporation (NYSE: MAS) are scheduled to be disclosed on Tuesday 29th October 2024. This important update will be made available before market open, providing investors and market participants with key information regarding the company's financial status.
As per the predictions of financial analysts on Wall Street, the establishment is set to report an estimated per share $1.08 profit for the third quarter. Additionally, the company is projected to unveil a revenue of $2 billion for the period.
The per-share income of $1 was highlighted in the company's earnings report for the same quarter of the prior year. This notable figure was achieved due to the company's impressive total revenue of $1.98 billion recorded during that specific period.
The company's full-year performance has been analyzed by wall street analysts, who have shared their projections. According to the analysis, it is expected that the company will generate a total revenue of $7.91 billion. Additionally, the earnings per share for the company are also anticipated to reach profit of $4.11 over the course of the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.20 | +0.8% | 2.09 B | -1.7% |
| Q1 2024 | $0.93 | +6.9% | 1.93 B | -2.7% |
| Q4 2023 | $0.83 | +27.7% | 1.88 B | -2.1% |
| Q3 2023 | $1.00 | +2.0% | 1.98 B | -10.2% |
| Q2 2023 | $1.19 | +4.4% | 2.13 B | -9.6% |
| *Growth on year-over-year basis | ||||
MAS has scheduled a conference call on 29th October 2024 at 08:00 AM eastern time to discuss the third quarter financial results and other related information.
Masco Corporation (MAS) shares experienced a range of $81.18 to $82.89 on a day volume of 1.58 million shares. The stock closed Friday's regular trading session at $81.26, demonstrating a 1.95 percent decrease.
