Masco Analysts Lower Their Forecasts Following Weaker-Than-Expected Earnings
Masco Corporation MAS reported weaker-than-expected earnings for its first quarter on Wednesday.The company posted quarterly earnings of 87 cents per share which missed the analyst consensus estimate of 92 cents per share. The company reported quarterly sales of 1.84 billion.The company did not provide FY25 guidance due to tariff and macroeconomic uncertainty.“During the first quarter, we delivered solid adjusted operating profit margin of 16.0 p ...