Masco Corp. (MAS) Misses Q1 EPS by 5c, Offers Guidance

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Go back to Masco Corp. (MAS) Misses Q1 EPS by 5c, Offers Guidance

Masco Corporation Reports First Quarter 2018 Results

April 24, 2018 7:00 AM EDT

Key Highlights

Sales increased 8 percent to $1.9 billion; in local currency, sales increased 5 percent Excluding acquisitions and divestitures, sales increased 7 percent; in local currency, sales increased 5 percent Earnings per share grew 9 percent to $0.47 per share; adjusted earnings per share grew 13 percent to $0.45 per share Completed the acquisition of The L.D. Kichler Co. for approximately $550 million and returned approximately $183 million to shareholders through dividends and share repurchases Affirming 2018 anticipated earnings per share to be in the... More