MAS Earnings Prediction
The chart below shows how MAS performed 10 days before and after its earnings report, based on data from the past quarters. Typically, MAS sees a -1.20% change in stock price 10 days leading up to the earnings, and a +0.00% change 10 days following the report. On the earnings day itself, the stock moves by +1.05%. This data can give you a slight idea of what to expect for the next quarter's release.
MAS Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.83B
-2.87%
-7.82%
Gross Margin
34.79%
0.12%
-4.84%
Operating Margin
15.86%
8.56%
-11.89%
Net Margin
10.56%
-1.12%
16.30%
EPS
0.84
-1.18%
9.09%
No Data Available
MAS Earnings Analysis
Masco Corp Corporation (MAS.N) Earnings Conference Call
Positive
Q4 EPS Exceeds Expectations: Masco Corporation reported an EPS of $0.89 for Q4 2024, exceeding expectations of $0.88, marking a 7% increase from the previous year.
Operating Profit Margin Improvement: Operating profit for Q4 increased by $19 million, resulting in an operating profit margin improvement of 140 basis points to 15.9%, marking the seventh consecutive quarter of year-over-year margin expansion.
Gross Margin Improvement: For the full year 2024, Masco achieved a gross margin of 36.3%, an improvement of 110 basis points year-over-year, alongside a 6% increase in EPS to $4.10, up from $3.86 in 2023.
Decorative Architectural Profit Growth: The Decorative Architectural segment's operating profit rose 13% year-over-year to $113 million in Q4, with an operating margin of 17.7%, reflecting a 290 basis point improvement.
Shareholder Returns and Dividends: Masco returned over $1 billion to shareholders in 2024 through dividends and share repurchases, including a 7% increase in the annual dividend to $1.24 per share, marking the 12th consecutive annual increase.
Negative
Fourth Quarter Sales Decline: Sales in the fourth quarter decreased 3%, primarily due to the divestiture of Kichler, which negatively impacted sales by 3%.
Plumbing Sales Decline: Plumbing sales decreased 1% in local currency, with lower volumes in both trade and retail in North America, indicating ongoing market challenges.
Sales Decline Analysis: Decorative Architectural sales decreased 6% in the fourth quarter, with the Kichler divestiture lowering sales by 9% and currency having an unfavorable impact of 1%.
Sales Decline Forecast: For 2025, sales are expected to be down low single digits, impacted by the Kichler divestiture and unfavorable currency effects, which are projected to reduce sales by approximately 3%.
China Tariffs Impact Guidance: The 2025 guidance includes the impact of newly enacted China tariffs, which are expected to have an annualized impact of approximately $45 million before mitigation actions.
MAS FAQs
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MAS Earning Call Sentiment
Masco Corporation (NYSE:MAS) Q4 2024 Earnings Call Transcript
MAS.N
-0.08%Positive
The earnings call reflects strong financial health, with improved EPS, operating profit, and margins. Despite a slight sales decline, excluding divestitures shows growth. Shareholder returns are substantial, enhancing sentiment. The Q&A reveals cautious optimism, with management confident in growth fundamentals and strategic acquisitions. Despite some uncertainties, such as DIY volume recovery, the overall outlook is optimistic. The positive financial performance, shareholder returns, and strategic focus on growth and innovation suggest a likely positive stock price reaction.
