Masco Guides FY24 Earnings Above Estimates; Declares Dividend - Update

RTTNews | 421 days ago
Stocktwits
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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Swiss Market Ends Sharply Lower On Trade War Fears

Swiss Market Ends Sharply Lower On Trade War Fears

Swiss stocks fell sharply on Friday, mirroring losses across Europe and elsewhere, as the Trump Administration's sweeping tariffs on trade partners, and retaliatory move announced by China, and possible countermeasures by a few other major countries as well, raised fears of a possible global recession.
RTTNews | 8h 58min ago
European Stocks Tumble As China Retaliates After Trump's Tariff Moves

European Stocks Tumble As China Retaliates After Trump's Tariff Moves

European stocks plunged sharply and several market tumbled to fresh multi-month lows on Friday as U.S. President Donald Trump's sweeping tariff moves, and the retaliatory action by China raised fears of a global trade war and recession, prompting investors to press sales across the board.
RTTNews | 9h 18min ago
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