WASHINGTON (dpa-AFX) - While reporting financial results for the fourth quarter on Thursday, Masco Corp. (MAS) initiated its earnings and adjusted earnings guidance for the full-year 2024, above analysts' estimates.
For fiscal 2024, the company now projects earnings and adjusted earnings in a range of $4.00 to $4.25 per share on sales to be approximately flat with last year.
On average, 24 analysts polled by Thomson Reuters expect the company to report earnings of $3.97 per share for the year. Analysts' estimates typically exclude special items.
Masco's Board of Directors also declared a quarterly dividend of $0.29 per common share, payable on March 11, 2024 to shareholders of record on February 22, 2024.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
© 2024 AFX News