Masco Corp. (MAS) Misses Q4 EPS by 1c

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Masco Corporation Reports Fourth Quarter and 2016 Year-End Results

February 9, 2017 7:00 AM EST

2016 Fourth Quarter Key Highlights

Sales for the fourth quarter increased 3 percent to $1.8 billion; in local currencies, sales increased 4 percent Gross margin improved to 32.6 percent from 31.0 percent Earnings per share for the quarter grew 36 percent to $0.30 per common share; adjusted earnings per share grew 14 percent to $0.33 per common share Repurchased 6.6 million shares for $207 million

TAYLOR, Mich.--(BUSINESS WIRE)-- Masco Corporation (NYSE: MAS), one of the worlds leading manufacturers of branded home improvement and building products, reported... More