Masco Sees FY24 Adj. EPS $4.05-$4.20 vs $4.09 Est.
Portfolio Pulse from Benzinga Newsdesk
Masco Corporation has provided its FY24 adjusted EPS guidance, projecting a range of $4.05 to $4.20, compared to the analyst estimate of $4.09.
July 25, 2024 | 11:02 am
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Masco Corporation has issued its FY24 adjusted EPS guidance, forecasting a range of $4.05 to $4.20, which is slightly above the analyst estimate of $4.09. This positive guidance could lead to a short-term increase in the stock price.
The guidance provided by Masco Corporation is slightly above the analyst estimate, which is generally perceived positively by investors. This could result in a short-term increase in the stock price as the market reacts to the optimistic outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100