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 7 days. The home improvement and building products company has posted negative earnings surprise in two of the past four quarters, with an average miss surprise of 2.9%.
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 75 cents which missed the Zacks Consensus Estimate of 76 cents.
Masco Corporation Price, Consensus and EPS Surprise
Revenues: Masco reported revenues of $2,297 million, beating the consensus estimate of $2,290 million.
Check back later for our full write up on this MAS earnings report later.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
See Them Free>>