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Masco (MAS) Q1 Earnings Lag Estimates, Revenues Beat

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Masco Corporation (MAS - Free Report) is one of the leading cabinetry manufacturers in the United States. 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 estimates for Masco's 2018 earnings has remained stable, in the last 30 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 3.5%.

Currently, Masco has a Zacks Rank #3 (Hold), but that could definitely change following Masco’s 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 reported EPS of 45 cents which missed the Zacks Consensus Estimate of 49 cents.

Revenues: Masco reported revenues of $1.92 billion, beating the consensus estimate of $1.86 billion.

Masco Corporation Price and EPS Surprise

Check back later for our full write up on this MAS earnings report later.

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