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Earnings News

Masco Maintains FY26 Outlook; Shares Surge 6.3% - Update

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

While reporting financial results for the first quarter on Wednesday, Masco Corp. (MAS) maintained its earning and adjusted earnings guidance for the full-year 2026 as the company continues to face a dynamic macroeconomic and geopolitical environment.

For fiscal 2026, the company continues to project earnings in the range of $3.91 to $4.11 per share and adjusted earnings in the range of $4.10 to $4.30 per share.

Previously, the company expected earnings in the range of $3.91 to $4.11 per share and adjusted earnings in the range of $4.10 to $4.30 per share.

In Wednesday's pre-market trading, MAS is trading on the NYSE at $71.00, up $4.23 or 6.34 percent.

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Business News

Global Economics Weekly Update -June 15 - June 19, 2026

June 19, 2026 16:46 ET
Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.