Masco Corp. (MAS) Misses Q2 EPS by 2c, Lowers Top-End of FY EPS

Masco Corp. (NYSE: MAS) reported Q2 EPS of $0.75, $0.02 worse than the analyst estimate of $0.77. Revenue for the quarter came in at $2.3 billion versus the consensus estimate of $2.29 billion.

Board announces intent to increase annual dividend by $0.06 per share to $0.48 per share, beginning in the fourth quarter.

GUIDANCE:

Masco Corp. sees FY2018 EPS of $2.45-$2.55, versus prior of $2.48-$2.63 and the consensus of $2.52.

For earnings history and earnings-related data on Masco Corp. (MAS) click here.

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