Recap: Masco Q2 Earnings
Shares of Masco (NYSE:MAS) were flat in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share were down 4.55% over the past year to $0.84, which beat the estimate of $0.66.
Revenue of $1,764,000,000 declined by 22.46% year over year, which beat the estimate of $1,660,000,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
Masco hasn't issued any revenue guidance for the time being.
Details Of The Call
Date: Jul 30, 2020
Time: 09:00 AM
Recent Stock Performance
Company's 52-week high was at $56.50
52-week low: $27.04
Price action over last quarter: Up 37.28%
Company Overview
Masco is a global leader in home improvement and building products. The company's $4 billion plumbing segment, led by the Delta and Hansgrohe brands, sells faucets, showerheads, and other related plumbing components. The $2.7 billion decorative architectural segment primarily sells paints and other coatings under the Behr and Kilz brands. Masco sold its Milgard and U.K. windows businesses in 2019 for more than $725 million and sold its cabinetry business for $1 billion in first quarter 2020.
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