Masco Corporation Reports First Quarter 2018 Results

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Masco (MAS) PT Lowered to $43 at RBC Capital; Buyers on Weakness

April 25, 2018 8:22 AM EDT

RBC Capital lowered its price target on Masco (NYSE: MAS) to $43.00 (from $46.00) while maintaining an Outperform rating.

Analyst Michael Eisen said they would be would be buyers on weakness following 1Q18 results that were plagued by input cost inflation and incremental growth spend.

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Masco Corp. (MAS) Misses Q1 EPS by 5c, Offers Guidance

April 24, 2018 7:03 AM EDT

Masco Corp. (NYSE: MAS) reported Q1 EPS of $0.45, $0.05 worse than the analyst estimate of $0.50. Revenue for the quarter came in at $1.9 billion versus the consensus estimate of $1.86 billion.

GUIDANCE:

Masco Corp. sees Q2 2018 EPS of $2.48-$2.63, versus the consensus of... More