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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 $14.1 billion, Masco operates through the Plumbing Products and Decorative Architectural Products segments.
The building products and equipment manufacturer is set to release its third-quarter earnings before the market opens on Wednesday, Oct. 29. Ahead of the event, analysts expect Masco to deliver an adjusted profit of $1.02 per share, down 5.6% from $1.08 per share reported in the year-ago quarter. While the company has met or surpassed the Street’s bottom-line estimates thrice over the past four quarters, it has missed the projections on one other occasion.