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Masco Guides FY24 Earnings Above Estimates; Declares Dividend - Update

RTTNews | 348 days ago

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

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Masco Maintains FY23 Outlook; Appoints David Chaika Interim CFO - Update

Masco Maintains FY23 Outlook; Appoints David Chaika Interim CFO - Update

While reporting financial results for the first quarter on Wednesday, Masco Corp. (MAS) maintained its earnings and adjusted earnings guidance for the full-year 2023.

RTTNews | 636 days ago

Masco Slashes FY22 Adj. EPS Outlook As Q3 Results Miss Estimates - Update

Masco Slashes FY22 Adj. EPS Outlook As Q3 Results Miss Estimates - Update

While reporting financial results for the third quarter on Wednesday, Masco Corp. (MAS) lowered its adjusted earnings guidance for the full-year 2022 to a range of $3.70 to $3.80 per share from the prior forecast range of $4.15 to $4.25 per share.

RTTNews | 818 days ago

Win Streak May Continue For Taiwan Stock Market

Win Streak May Continue For Taiwan Stock Market

The Taiwan stock market has climbed higher in four straight trading days, collecting almost 800 points or 3.5 percent along the way. The Taiwan Stock Exchange now rests just above the 23,300-point plateau and it may add to its winnings on Wednesday.

RTTNews | 5h 5min ago

Singapore Stock Market Likely To Halt Losing Streak

Singapore Stock Market Likely To Halt Losing Streak

The Singapore stock market has ticked lower in two straight sessions, slipping more than 15 points or 0.4 percent along the way. The Straits Times Index now sits just shy of the 3,800-point plateau and it's due for support on Wednesday.

RTTNews | 5h 35min ago

Malaysia Stock Market Poised To Add To Its Winnings

Malaysia Stock Market Poised To Add To Its Winnings

The Malaysia stock market has tracked higher in three straight trading days, improving almost 25 points or 1.7 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,580-point plateau and it's expected to open to the upside again on Wednesday.

RTTNews | 6h 5min ago

Additional Support Tipped For Japan Stock Market

Additional Support Tipped For Japan Stock Market

The Japanese stock market has moved higher in two straight sessions, gathering more than 575 points or 1.4 percent in that span. The Nikkei 225 now rests just above the 39,025-point plateau and it's expected to extend its gains again on Wednesday.

RTTNews | 6h 19min ago

South Korea Shares Due For Support On Wednesday

South Korea Shares Due For Support On Wednesday

The South Korea stock market has finished lower in three straight sessions, easing almost 10 points or 0.4 percent along the way. The KOSPI now rests just beneath the 2,520-point plateau although it may stop the bleeding on Wednesday.

RTTNews | 6h 29min ago

Dollar Declines Against Major Counterparts

Dollar Declines Against Major Counterparts

The U.S. dollar shed ground against most of its major counterparts on Tuesday as bond yields dropped a bit and President Trump chose to refrain from imposing new tariffs on imports from Asian and European countries.

RTTNews | 6h 38min ago

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