We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Curious about Masco (MAS) Q2 Performance? Explore Wall Street Estimates for Key Metrics
Read MoreHide Full Article
Analysts on Wall Street project that Masco (MAS - Free Report) will announce quarterly earnings of $1.08 per share in its forthcoming report, representing a decline of 10% year over year. Revenues are projected to reach $2 billion, declining 4.1% from the same quarter last year.
The consensus EPS estimate for the quarter has undergone an upward revision of 3.4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
In light of this perspective, let's dive into the average estimates of certain Masco metrics that are commonly tracked and forecasted by Wall Street analysts.
Analysts' assessment points toward 'Net Sales- Plumbing Products' reaching $1.26 billion. The estimate points to a change of +0.5% from the year-ago quarter.
The consensus estimate for 'Net Sales- Decorative Architectural Products' stands at $744.34 million. The estimate suggests a change of -11.2% year over year.
Analysts expect 'Operating profit, as adjusted- Plumbing Products' to come in at $225.09 million. Compared to the present estimate, the company reported $249.00 million in the same quarter last year.
The collective assessment of analysts points to an estimated 'Operating profit, as adjusted- Decorative Architectural Products' of $145.41 million. Compared to the current estimate, the company reported $174.00 million in the same quarter of the previous year.
It is projected by analysts that the 'Operating profit, as reported- Decorative Architectural Products' will reach $140.29 million. The estimate is in contrast to the year-ago figure of $174.00 million.
According to the collective judgment of analysts, 'Operating profit, as reported- Plumbing Products' should come in at $223.34 million. Compared to the current estimate, the company reported $247.00 million in the same quarter of the previous year.
Over the past month, Masco shares have recorded returns of -0.7% versus the Zacks S&P 500 composite's +3.4% change. Based on its Zacks Rank #3 (Hold), MAS will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Curious about Masco (MAS) Q2 Performance? Explore Wall Street Estimates for Key Metrics
Analysts on Wall Street project that Masco (MAS - Free Report) will announce quarterly earnings of $1.08 per share in its forthcoming report, representing a decline of 10% year over year. Revenues are projected to reach $2 billion, declining 4.1% from the same quarter last year.
The consensus EPS estimate for the quarter has undergone an upward revision of 3.4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
In light of this perspective, let's dive into the average estimates of certain Masco metrics that are commonly tracked and forecasted by Wall Street analysts.
Analysts' assessment points toward 'Net Sales- Plumbing Products' reaching $1.26 billion. The estimate points to a change of +0.5% from the year-ago quarter.
The consensus estimate for 'Net Sales- Decorative Architectural Products' stands at $744.34 million. The estimate suggests a change of -11.2% year over year.
Analysts expect 'Operating profit, as adjusted- Plumbing Products' to come in at $225.09 million. Compared to the present estimate, the company reported $249.00 million in the same quarter last year.
The collective assessment of analysts points to an estimated 'Operating profit, as adjusted- Decorative Architectural Products' of $145.41 million. Compared to the current estimate, the company reported $174.00 million in the same quarter of the previous year.
It is projected by analysts that the 'Operating profit, as reported- Decorative Architectural Products' will reach $140.29 million. The estimate is in contrast to the year-ago figure of $174.00 million.
According to the collective judgment of analysts, 'Operating profit, as reported- Plumbing Products' should come in at $223.34 million. Compared to the current estimate, the company reported $247.00 million in the same quarter of the previous year.
View all Key Company Metrics for Masco here>>>Over the past month, Masco shares have recorded returns of -0.7% versus the Zacks S&P 500 composite's +3.4% change. Based on its Zacks Rank #3 (Hold), MAS will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .