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Masco's Q3 Adjusted Earnings, Net Sales Rise; Adjusts Full-Year Guidance
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Masco's Q3 Adjusted Earnings, Net Sales Rise; Adjusts Full-Year Guidance
Nov 3, 2024 1:37 PM

07:56 AM EDT, 10/29/2024 (MT Newswires) -- Masco ( MAS ) reported Q3 adjusted earnings Tuesday of $1.08, up from $1 a year earlier.

Analysts polled by Capital IQ expected $1.09.

Net sales for the quarter ended Sept.30 was $1.98 billion, roughly flat compared with a year earlier.

Analysts surveyed by Capital IQ expected $2 billion.

The company said it expects full-year adjusted net income of $4.05 to $4.15 per common share, compared with a prior forecast for adjusted net income of $4.05 to $4.20 per common share. Analysts surveyed by Capital IQ expect $4.11.

Price: 80.25, Change: -1.43, Percent Change: -1.75

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