Recap: Masco Q4 Earnings
Shares of Masco (NYSE:MAS) rose 1.4% in pre-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share rose 38.89% year over year to $0.75, which beat the estimate of $0.74.
Revenue of $1,860,000,000 rose by 13.48% from the same period last year, which beat the estimate of $1,810,000,000.
Guidance
Masco said it sees FY21 adjusted EPS of $3.25–$3.45.
Conference Call Details
Date: Feb 09, 2021
Time: 08:00 AM
Recent Stock Performance
Company's 52-week high was at $60.16
Company's 52-week low was at $27.04
Price action over last quarter: Up 7.65%
Company Description
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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