Masco Q3 2024 Adj. EPS $1.08, Inline, Sales $1.983B Miss $1.997B Estimate
Portfolio Pulse from Benzinga Newsdesk
Masco reported Q3 2024 earnings per share of $1.08, meeting analyst expectations. However, its sales of $1.983 billion slightly missed the $1.997 billion estimate, marking a 0.20% increase from the previous year.
October 29, 2024 | 11:03 am
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NEUTRAL IMPACT
Masco's Q3 2024 earnings per share met expectations, but sales slightly missed estimates, showing a marginal year-over-year increase.
The earnings per share meeting expectations is neutral for the stock price, while the slight miss in sales and marginal year-over-year increase may not significantly impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100