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Masco Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Masco Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

馬斯科公司收益低於分析師估計:以下是分析師現在的預測
Simply Wall St ·  11/01 18:28

As you might know, Masco Corporation (NYSE:MAS) recently reported its quarterly numbers. Statutory earnings per share fell badly short of expectations, coming in at US$0.77, some 30% below analyst forecasts, although revenues were okay, approximately in line with analyst estimates at US$2.0b. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Masco after the latest results.

正如您可能知道的那樣,馬斯科公司(紐交所: MAS)最近發佈了季度業績。 法定每股收益遠遠低於預期,爲0.77美元,比分析師預期低了30%,儘管營業收入還算不錯,大約符合分析師預期的20億美元。 營收是投資者的重要時機,因爲他們可以追蹤公司的表現,看分析師們對明年的預測,以及查看市場對該公司的情緒是否有所變化。 讀者會很高興知道,我們已經彙總了最新的法定預測,以查看分析師在最新的結果後是否改變了他們對馬斯科的看法。

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NYSE:MAS Earnings and Revenue Growth November 1st 2024
紐交所: MAS 營業收入和盈利增長 2024年11月1日

Following last week's earnings report, Masco's 21 analysts are forecasting 2025 revenues to be US$8.02b, approximately in line with the last 12 months. Per-share earnings are expected to swell 15% to US$4.44. In the lead-up to this report, the analysts had been modelling revenues of US$8.15b and earnings per share (EPS) of US$4.47 in 2025. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

根據上週的業績,馬斯科的21位分析師預測2025年的營收將達到80.2億美元,大致符合過去12個月的水平。 每股收益預計將增長15%,達到4.44美元。 在此次報告前,分析師們曾預測2025年的營收爲81.5億美元,每股收益爲4.47美元。 一致的分析師似乎沒有從這些結果中看到任何可能改變他們對該業務看法的因素,因爲他們的估計沒有發生重大變化。

The analysts reconfirmed their price target of US$87.03, showing that the business is executing well and in line with expectations. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. There are some variant perceptions on Masco, with the most bullish analyst valuing it at US$96.00 and the most bearish at US$75.00 per share. With such a narrow range of valuations, the analysts apparently share similar views on what they think the business is worth.

分析師們重申了他們的87.03美元的目標股價,表明業務運作良好,符合預期。 一致的目標股價只是各個分析師目標股價的平均值,因此查看底層估值範圍的寬度可能很有用。 對於馬斯科,分析師有一些不同的看法,最看好的分析師認爲每股價值96.00美元,而最看淡的認爲每股價值75.00美元。 鑑於這樣狹窄的估值範圍,分析師顯然對他們認爲該業務價值多少存在類似的看法。

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. It's pretty clear that there is an expectation that Masco's revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 1.4% growth on an annualised basis. This is compared to a historical growth rate of 4.4% over the past five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 4.5% annually. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than Masco.

現在來看整體情況,我們理解這些預測的一種方式是將它們與過往表現和行業增長預期進行比較。 馬斯科的營收增長預期明顯放緩,到2025年底預計將以每年1.4%的比例增長。 這與過去五年中的4.4%的歷史增長率相比。 將這與行業內其他公司(帶有分析師預測)進行比較,預計總體上將每年實現4.5%的營收增長。 因此,很明顯,儘管預計營收增長將放緩,行業格局也將比馬斯科增長更快。

The Bottom Line

最重要的事情是分析師增加了它對下一年每股虧損的估計。令人欣慰的是,營收預測未發生重大變化,業務仍有望比整個行業增長更快。共識價格目標穩定在28.50美元,最新估計不足以對價格目標產生影響。

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

最重要的是,沒有主要的情緒變化,分析師重申該業務的表現符合他們以前的每股盈利預期。好的一面是,營業收入預測沒有發生重大變化,儘管預測表明他們的表現將低於整個行業。對共識股價目標沒有真正的改變,表明最新的估計值沒有使該業務的內在價值發生重大變化。

With that in mind, we wouldn't be too quick to come to a conclusion on Masco. Long-term earnings power is much more important than next year's profits. We have estimates - from multiple Masco analysts - going out to 2026, and you can see them free on our platform here.

考慮到這一點,我們不會太快對馬斯科做出結論。長期盈利能力比明年的利潤更重要。我們從多個馬斯科分析師處獲得的預測數據一直到 2026 年,您可以在我們的平台上免費查看。

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Masco that you should be aware of.

不要忘記可能仍然存在風險。例如,我們已經發現了 2 條關於馬斯科的警示信號,您應該注意。

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論,只使用公正的方法論,我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議,也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意,我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。

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