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Masco (MAS)
NYSE:MAS
Earnings Data
Report Date
Apr 23, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.92Last Year’s EPS
0.93Same Quarter Last Year
Moderate Buy
Based on 14 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 11, 2025
|% Change Since: -8.02%
|Next Earnings Date:Apr 23, 2025
Earnings Call Sentiment|Neutral
Masco demonstrated strong margin expansion and innovative product introductions, which were significant positives. However, sales challenges due to the Kichler divestiture and a choppy plumbing market were notable concerns. The company's strategic initiatives and shareholder returns were strong, but sales performance was mixed.Company Guidance
During the Masco Corporation 2024 Fourth Quarter and Full Year Conference Call, several key financial metrics and guidance for future performance were discussed. For the fourth quarter of 2024, the company's sales decreased by 3%, primarily due to the divestiture of Kichler, but increased by 1% when excluding this divestiture and currency impacts. Operating profit rose by $19 million, with an improvement in operating profit margin by 140 basis points to 15.9%. Earnings per share for the quarter increased by 7% to $0.89. For the full year, Masco's gross margin improved by 110 basis points to 36.3%, while operating margin expanded by 70 basis points to 17.5%. Earnings per share grew by 6% to $4.10. Looking forward to 2025, Masco expects sales to decline by low single digits, with an anticipated operating margin expansion to approximately 18%. The company aims to achieve earnings per share in the range of $4.20 to $4.45 and plans to return more than $600 million to shareholders through share repurchases or acquisitions. Additionally, Masco reiterated its margin expansion targets for 2026, expecting operating margins to reach 18.5%, with Plumbing margins at 20% and Decorative margins between 19% and 20%.Innovative Product Introductions
Masco's Plumbing segment introduced several innovative products, including water filtration products and a smart monitoring system for spas. Additionally, the integration of Sauna360 is ahead of schedule.
Decorative Architectural Segment Success
Behr was rated #1 in interior paint, exterior paint, and exterior stain. Pro paint sales increased over 70% since 2020, with annual sales now over $900 million.
Strong Margin Expansion
Operating margin improved by 140 basis points to 15.9% in Q4. For the full year, gross margin improved by 110 basis points to 36.3%, and operating margin expanded by 70 basis points to 17.5%.
Shareholder Returns
Masco returned over $1 billion to shareholders in the form of dividends and share repurchases. Earnings per share grew 6% to $4.10 per share.
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MAS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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MAS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 11, 2025 | $77.26 | $78.33 | +1.38% |
| Oct 29, 2024 | $81.05 | $80.68 | -0.46% |
| Jul 25, 2024 | $69.77 | $74.97 | +7.45% |
| Apr 24, 2024 | $71.87 | $68.65 | -4.48% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Masco (MAS) report earnings?
Masco (MAS) is schdueled to report earning on Apr 23, 2025, TBA Not Confirmed.
What is Masco (MAS) earnings time?
Masco (MAS) earnings time is at Apr 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MAS EPS forecast?
MAS EPS forecast for the fiscal quarter 2025 (Q1) is 0.92.
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