Masco Corp. (MAS) Tops Q1 EPS by 7c; Raises Outlook
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Masco Corporation Reports First Quarter 2017 Results
April 25, 2017 7:00 AM EDTKey Highlights
Sales for the first quarter increased 3 percent to $1.8 billion; in local currencies, sales increased 5 percent Operating profit for the quarter grew 8 percent to $253 million; adjusted operating profit grew 8 percent to $255 million Operating profit margin for the quarter increased to 14.2 percent, a 60 basis point expansion; adjusted operating profit margin increased to 14.4 percent, a 60 basis point expansion Earnings per share for the quarter grew 34 percent to $0.43 per common share; adjusted earnings per share grew 28 percent to $0.41 per common share, which includes... More