Masco Corporation (MAS)

Masco's adjusted EPS topped consensus while revenue came in below expectations in the second fiscal quarter of 2026, reported July 29. Revenue fell 2.9% to about $2.0 billion, missing the about $2.1 billion consensus by 4.4% and down from about $2.1 billion a year earlier, while net income rose 17.8% to about $318 million from $270 million, in line with the higher EPS despite lower sales. Gross profit came to about $868 million, with gross margin near 44%, and operating income was about $470 million as operating margin held near 24%. Margins stayed near 44% and 24% even as revenue declined from a year earlier. Adjusted EPS of $1.64 topped the $1.32 estimate by 24.2% and was up from $1.30 a year ago. Operating cash flow was about $823 million, the company repurchased about $390 million of stock and paid about $64 million in dividends, and consensus for the next period calls for EPS of $1.06 on revenue of $1.94 billion.