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

RTTNews | 709 days ago
Stocktwits
Masco Maintains FY23 Outlook; Appoints David Chaika Interim CFO - Update

(RTTNews) - 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.

For fiscal 2023, the company continues to project earnings in the range of $3.06 to $3.36 per share and adjusted earnings in the range of $3.10 to $3.40 per share.

On average, 23 analysts polled by Thomson Reuters expect the company to report earnings of $3.26 per share for the year. Analysts' estimates typically exclude special items.

Masco also announced that the Company's Board of Directors has appointed David Chaika, Masco's Vice President, Treasurer and Investor Relations, to serve as interim Chief Financial Officer, effective June 1, 2023, upon the retirement of John Sznewajs.

Chaika will serve in this capacity while the Company conducts an internal and external search for a permanent Chief Financial Officer

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

Tags: MAS
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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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