Masco Corp. (MAS) Misses Q3 EPS by 12c, Revenues Miss; Lowers FY18 EPS Outlook Below Consensus
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Masco Corporation Reports Third Quarter 2018 Results
October 30, 2018 7:00 AM EDTKey Highlights
Sales increased 8 percent to $2.1 billion; excluding acquisitions, divestitures and currency, sales increased 4 percent Earnings per share grew 21 percent to $0.58 per share; adjusted earnings per share grew 25 percent to $0.65 per share Returned approximately $122 million to shareholders through share repurchases and dividends Updating 2018 anticipated earnings per share to be in the range of $2.25-$2.30 per share, and on an adjusted basis, to be in the range of $2.39-$2.44 per share compared to a previous range of $2.48-$2.55... More
