Overview
Home improvement products maker's Q4 revenue fell 2%, missing analyst expectations
Adjusted EPS for Q4 beat analyst expectations
Company announced new $2 bln share repurchase program
Outlook
Masco expects 2026 EPS between $3.91 and $4.11, adjusted EPS $4.10 to $4.30
Company anticipates flat sales in global repair and remodel markets for 2026
Masco expects $50 mln in restructuring charges in 2026 to fund growth initiatives
Result Drivers
PLUMBING PRODUCTS GROWTH - Plumbing Products' net sales increased 5%, driven by demand in this segment
DECORATIVE PRODUCTS DECLINE - Decorative Architectural Products' net sales decreased 15%, impacting overall sales
RESTRUCTURING ACTIONS - Co began restructuring to streamline operations, incurring $18 mln in charges, expected to save costs
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Sales | Miss | $1.79 bln | $1.82 bln (21 Analysts) |
Q4 Adjusted EPS | Beat | $0.82 | $0.79 (21 Analysts) |
Q4 EPS | $0.80 | ||
Q4 Gross Margin | 33.90% |
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 7 "strong buy" or "buy", 15 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the construction supplies & fixtures peer group is "buy."
Wall Street's median 12-month price target for Masco Corp is $73.00, about 1.9% above its February 9 closing price of $71.61
The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 15 three months ago
Press Release: ID:nBwcmkdYa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)