Barclays Upgrades Masco (MAS) to Overweight
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Masco’s Positive Momentum Continues in the Third Quarter
October 27, 2015 7:00 AM EDTKey Highlights
Sales increased 4 percent excluding the effects of foreign currency translation North American sales increased 3 percent; International sales increased 4 percent in local currency Adjusted operating profit increased 16 percent to $257 million Adjusted operating margins increased 190 bps to 14 percent Adjusted EPS increased 26 percent to $.34 per common shareTAYLOR, Mich.--(BUSINESS WIRE)-- Masco Corporation (NYSE: MAS), one of the worlds leading manufacturers of branded home improvement and building products, reported... More
