Masco Publishes Q3 2026 Earnings Call Transcript
Bitget2026/10/28 19:02- Masco raised 2026 adjusted EPS guidance to $4.65-$4.75 from $4.40-$4.60, citing stronger operating performance.
- Operating margin guidance increased to 18%-18.5% from approximately 18%; sales growth expectations remained in the low single digits.
- Third-quarter adjusted EPS rose 23% to $1.19; plumbing operating profit climbed 25% to $256 million.
- Management expects fourth-quarter operating profit and margin roughly flat year over year, with higher commodity and employee costs offsetting growth benefits.
- The Oct. 28 earnings call featured CEO Jonathon J. Nudi, CFO Richard Westenberg and investor relations head Renee Benedict.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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