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Livonia, Michigan-based Masco Corporation (MAS) designs, manufactures, and distributes home improvement and building products in North America, Europe, and internationally. With a market cap of $18.4 billion, Masco operates through the Plumbing Products and Decorative Architectural Products segments. The building products & equipment manufacturer is expected to release its Q3 earnings before the market opens on Tuesday, Oct. 29.
Ahead of the event, analysts expect Masco to report a profit of $1.08 per share, up 8% from $1.00 per share reported in the year-ago quarter. The company has consistently surpassed Wall Street’s adjusted EPS projections in each of the past four quarters. Its adjusted EPS for the last reported quarter grew marginally to $1.20, exceeding the consensus estimates by 3.5%.