Alert: New Earnings Report (7/25/24)-Masco Corporation (NYSE: MAS).

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Masco Corporation (NYSE: MAS) has reported E.P.S. of $1.18 for its second fiscal quarter (ending June 30) versus $1.17 for the same period a year ago — an increase of 1%. Relative to the consensus estimate of $1.18, this was a premium of $0.00. For the latest four quarters through June 30, E.P.S. were $4.11 compared to $3.55 a year ago — an increase of 16%.

Recent Price Action

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On 7/25/24, Masco Corporation (NYSE: MAS) stock enjoyed a very large increase of 7.5%, closing at $75.84. Moreover, trading volume in this advance was unusually high at 192% of normal. Relative to the market the stock has been strong over the last nine months and has risen 3.6% during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to fall short of the cost of capital, MAS is expected to be a major Value Eraser.

Masco is currently unrated.

Rating Review

The stock is currently unrated.

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