Masco Corp Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Masco Corp (NYSE:MAS) will unveil its latest earnings on Monday, February 13, 2012. Masco manufactures and installs building and home improvement products including faucets, cabinets, architectural coatings, and windows.

Masco Corp Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for a loss of 3 cents per share, a narrower loss from the year earlier quarter net loss of 8 cents. During the past three months, the average estimate has moved down from a loss of 2 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at a loss of 3 cents during the last month. Analysts are projecting profit to rise by 62.5% versus last year to 6 cents.

Past Earnings Performance: The company met estimates last quarter after falling short of forecasts in the prior two. Before reporting profit of 8 cents per share in the third quarter to fall in line with expectations, the company beat estimates by 3 cents in the second quarter.

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Wall St. Revenue Expectations: On average, analysts predict $1.78 billion in revenue this quarter, a rise of 2.3% from the year ago quarter. Analysts are forecasting total revenue of $7.58 billion for the year, a decline of 0.1% from last year’s revenue of $7.59 billion.

Analyst Ratings: Analysts seem relatively indifferent about Masco with 10 of 12 analysts surveyed maintaining a hold rating.

A Look Back: In the third quarter, the company swung to a profit of $36 million (10 cents a share) from a loss of $5 million (2 cents) a year earlier, meeting analyst estimates. Revenue rose 2.5% to $2.01 billion from $1.96 billion.

Key Stats:

A year-over-year revenue increase in the third quarter snapped a streak of three consecutive quarters of revenue declines. Revenue fell 1.3% in the second quarter, 4.3% in the first quarter and 7.2% in the fourth quarter of the last fiscal year.

Stock Price Performance: During November 9, 2011 to February 7, 2012, the stock price had risen $3.92 (44.1%) from $8.88 to $12.80. The stock price saw one of its best stretches over the last year between October 19, 2011 and October 27, 2011 when shares rose for seven-straight days, rising 18.4% (+$1.58) over that span. It saw one of its worst periods between May 27, 2011 and June 10, 2011 when shares fell for 10-straight days, falling 17.3% (-$2.42) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com