Masco Guides FY24 Earnings Above Estimates; Declares Dividend - Update

RTTNews | vor 348 Tagen
Masco Guides FY24 Earnings Above Estimates; Declares Dividend - Update

(RTTNews) - While reporting financial results for the fourth quarter on Thursday, Masco Corp. (MAS) initiated its earnings and adjusted earnings guidance for the full-year 2024, above analysts' estimates.

For fiscal 2024, the company now projects earnings and adjusted earnings in a range of $4.00 to $4.25 per share on sales to be approximately flat with last year.

On average, 24 analysts polled by Thomson Reuters expect the company to report earnings of $3.97 per share for the year. Analysts' estimates typically exclude special items.

Masco's Board of Directors also declared a quarterly dividend of $0.29 per common share, payable on March 11, 2024 to shareholders of record on February 22, 2024.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
Asian Markets Track Global Markets Higher

Asian Markets Track Global Markets Higher

Asian stock markets are trading mostly higher on Wednesday, following the positive cues from global markets overnight, as optimism about a few interest rate cuts by the US Fed this year, and a drop in global bond yields. Markets in China and Hong Kong were down as the US administration was discussing a 10 tariff against China and said tariffs on China could hinge on a deal over TikTok's ownership.
RTTNews | vor 6Std 10 Minuten
Australian Market Trims Gains In Mid-market

Australian Market Trims Gains In Mid-market

The Australian stock market is trimming its gains in mid-market trading on Wednesday, but extending the gains in the previous two sessions, with the benchmark S&P/ASX 200 moving well above the 8,400 level, following the broadly positive cues from global markets overnight, with gains in financial and technology stocks.
RTTNews | vor 6Std 40 Minuten
Japanese Market Sharply Higher

Japanese Market Sharply Higher

The Japanese stock market is trading sharply higher on Wednesday, extending the gains in the previous two sessions, following the broadly positive cues from global markets overnight. The Nikkei 225 is moving a tad above the 39,600 level, with gains in index heavyweights, exporters and technology stocks.
RTTNews | vor 7Std 4 Minuten
Thai Shares Expected To Open To The Upside On Wednesday

Thai Shares Expected To Open To The Upside On Wednesday

The Thai stock market on Tuesday halted the three-day slide in which it had slipped slipping more than a dozen points or 0.8 percent. The Stock Exchange of Thailand now sits just above the 1,350-point plateau and it may open in the green again on Wednesday.
RTTNews | vor 7Std 21 Minuten
Australian Market Notably Higher

Australian Market Notably Higher

Australian shares are trading notably higher on Wednesday, extending the gains in the previous two sessions, with the benchmark S&P/ASX 200 moving well above the 8,400 level, following the broadly positive cues from global markets overnight, with gains in gold miners, financial and technology stocks.
RTTNews | vor 7Std 47 Minuten