Masco and Home Construction Materials Stocks Beat Q1 Revenue Estimates

Earnings
โดย StockStory·Read original
Summary · why it matters

The 11 home construction materials stocks tracked by StockStory reported a strong first quarter, with aggregate revenues beating analysts' consensus estimates by 2.8% and next-quarter revenue guidance coming in 1.6% above expectations. Masco posted revenue of $1.92 billion, up 6.5% year on year and exceeding estimates by 4.6%, while Simpson achieved revenue of $588 million, up 9.1% and beating by 6.4%. Griffon reported $421.9 million in revenue, down 1.1% but still ahead of estimates by 1.8%, though it issued full-year guidance that missed expectations. JELD-WEN recorded $722.1 million, down 6.9% and in line with estimates, and Gibraltar saw revenue surge 44.6% to $356.3 million, surpassing estimates by 1.8%.

Impact on stocks 5

Industrials▲ · 5 stocks
Masco Corporation
MAS
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Revenue beat estimates by 4.6% and grew 6.5% year on year.

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