Masco Corporation (MAS - Free Report) is one of the leading cabinetry manufacturers in the U.S. and holds one of the largest shares in faucets. Its popular brands include KraftMaid and Merillat cabinets, Delta and Hansgrohe faucets, Behr paint, and Milgard windows.
Investors should note earnings estimate for Masco has remained stable for 2017, while it moved upward by 0.5% for 2018 in the last 7 days. The home improvement and building products company has posted positive earnings surprise in two of the past four quarters, with an average positive surprise of 3.53%.
Currently, Masco has a Zacks Rank #2 (Buy), but that could definitely change following Masco’ earnings report which was just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: Masco meets on earnings. Our consensus estimate called for EPS of 60 cents and the company reported EPS of 60 cents instead.
Revenues: Masco reported revenues of $2,057 million, missing our consensus estimate of $2,070 million.
Check back later for our full write up on this MAS earnings report later.
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