WASHINGTON (dpa-AFX) - While reporting financial results for the second quarter on Thursday, Masco Corp. (MAS) restored its adjusted earnings and sales growth guidance for the full-year 2025, above analysts' estimates.
For fiscal 2025, the company now projects earnings in a range of $3.87 to $4.07 per share and adjusted earnings in a range of $3.90 to $4.10 per share on sales to be approximately flat with last year.
On average, 23 analysts polled expect the company to report earnings of $3.62 per share on a net sales decline of $2.97 percent to $7.60 billion for the year. Analysts' estimates typically exclude special items.
Masco's Board of Directors also declared a quarterly dividend of $0.31 per common share, payable on August 25, 2025 to shareholders of record on August 8, 2025.
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