Masco (MAS) Stock

Vancouver, BC, Jan. 24, 2025 (GLOBE NEWSWIRE) -- Eros Resources Corp. (TSXV:ERC) (OTCQB:EROSF), MAS Gold Corp. (TSXV: MAS), and Rockridge Resources Ltd. (TSXV: ROCK) are excited to share that they have successfully completed their merger, as announced in their October 1, 2024 news release. This merger, which was finalized under a business combination agreement from September 30, 2024, allows Eros to acquire all shares of Rockridge and MAS Gold that it did not already own, making them wholly-owned subsidiaries. The merger combines the valuable gold and copper assets of Rockridge and MAS Gold in Saskatchewan with Eros' equity portfolio, marking a significant new chapter for the companies.

Investors interested in miscellaneous building products stocks may have come across Owens Corning (OC) and Masco (MAS). However, which of these companies is the better choice for those seeking undervalued stocks?

Vancouver, BC, Jan. 10, 2025 (GLOBE NEWSWIRE) -- Rockridge Resources Ltd. (TSX-V: ROCK) (OTCQB: RRRLF) (Frankfurt: RR0) is happy to share that it has received final approval from the Supreme Court of British Columbia for its planned arrangements. These arrangements involve Eros acquiring all common shares of MAS Gold and Rockridge that it does not already own, in exchange for Eros shares. More details can be found in the Joint Management Information Circular and the Business Combination Agreement, which are available on SEDAR+ at www.sedarplus.ca.

Masco (MAS) shared its earnings report 30 days ago. What can we expect for the stock moving forward?

Masco Corporation (NYSE:MAS) will hold its Q3 2024 Earnings Conference Call on October 29, 2024, at 8:00 AM ET. The call will feature company leaders, including President and CEO Keith Allman and CFO Rick Westenberg, along with various analysts from major financial institutions. The operator will welcome participants to the call.

While the revenue and earnings per share (EPS) for Masco (MAS) provide insight into its performance for the quarter ending September 2024, it could be helpful to look at how these important figures stack up against Wall Street predictions and last year's results.

Masco (MAS) reported quarterly earnings of $1.08 per share, matching the Zacks Consensus Estimate. This is an increase compared to earnings of $1 per share from the same period last year.

MAS's results for the third quarter of 2024 show positive effects from better operations. However, weak market demand is affecting their overall revenue.

MAS is expected to show better results in the third quarter of 2024, thanks to higher earnings from the Plumbing Products division and advantages from cost-cutting measures.