Masco (NYSE:MAS) Issues Quarterly Earnings Results, Beats Expectations By $0.17 EPS

Masco (NYSE:MAS) issued its quarterly earnings data on Wednesday. The construction company reported $1.19 EPS for the quarter, topping analysts’ consensus estimates of $1.02 by $0.17, FiscalAI reports. The firm had revenue of $1.97 billion during the quarter, compared to analyst estimates of $1.93 billion. During the same quarter in the prior year, the firm earned $0.97 EPS. The business’s quarterly revenue was up 2.6% compared to the same quarter last year.

Here are the key takeaways from Masco’s conference call:

• Masco raised its 2026 adjusted EPS guidance to $4.65–$4.75 from $4.40–$4.60 and increased its operating-margin outlook to 18%–18.5%, citing stronger-than-expected operational performance.
• Third-quarter results were strong, with sales up 3%, adjusted operating profit up 13% to $351 million, margin expanding 160 basis points to 17.9%, and EPS rising 23% to $1.19.
• Plumbing continued to lead performance, with North American sales up 8% in local currency and segment operating profit up 25%; Delta gained momentum across wholesale, retail, and e-commerce channels.
• Decorative Architectural sales were flat as DIY paint declined low single digits, while international plumbing fell 5% in local currency due to difficult European comparisons and continued weakness in China.
• Management expects ongoing macroeconomic uncertainty and mid-single-digit input-cost inflation, including higher copper, oil-based product, freight, employee, and medical costs, to pressure the fourth quarter and potentially persist into 2027.

Masco Stock Performance

Shares of Masco stock traded up $1.86 during trading on Wednesday, reaching $77.03. The company had a trading volume of 690,564 shares, compared to its average volume of 2,570,590. Masco has a fifty-two week low of $58.16 and a fifty-two week high of $83.64. The firm’s fifty day moving average is $70.95 and its 200-day moving average is $70.72.

Masco Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 24th were paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Monday, August 24th.

Analysts Set New Price Targets

MAS has been the subject of several recent analyst reports. Barclays lowered their target price on Masco from $82.00 to $79.00 and set an “equal weight” rating for the company in a research note on Thursday, July 30th. UBS Group cut their price target on Masco from $97.00 to $94.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. Royal Bank Of Canada reduced their price target on Masco from $72.00 to $69.00 and set a “sector perform” rating for the company in a report on Wednesday, October 7th. Truist Financial reduced their price target on Masco from $90.00 to $85.00 and set a “buy” rating for the company in a report on Thursday, July 30th. Finally, Weiss Ratings upgraded Masco from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, October 16th. Seven equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $79.12.

About Masco

Masco Corporation (NYSE: MAS) is a manufacturer of branded home improvement and building products. The company’s portfolio includes faucets, showering and bathing products, architectural coatings, decorative hardware and related products sold to residential and commercial customers.

Masco operates through two principal areas: Plumbing Products and Decorative Architectural Products. Its brands include Delta Faucet, Brizo, Hansgrohe, Behr Paint and Kichler Lighting, among others. These products are distributed through home improvement retailers, specialty dealers, distributors and other channels.

Founded in 1929 by Alex Manoogian, Masco is headquartered in Livonia, Michigan, and serves customers primarily in North America and Europe, with products sold in additional international markets.