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

RTTNews | 636 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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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 31min 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 0min 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 15min 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 25min 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 33min ago
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