Masco Corp. (MAS) Misses Q1 EPS by 4c

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Masco Corporation Reports First Quarter 2019 Results

April 25, 2019 7:00 AM EDT

Key Results

Sales decreased 1 percent to $1.9 billion; excluding acquisitions and currency, sales decreased 2 percent Earnings per share decreased 17 percent to $0.39 per share; adjusted earnings per share decreased 2 percent to $0.44 per share Returned approximately $157 million to shareholders through share repurchases and dividends Anticipate 2019 earnings per share to be in the range of $2.52 - $2.72 per share, and reaffirming 2019 adjusted earnings per share to be in the range of $2.60 - $2.80 per share

LIVONIA, Mich.--(BUSINESS WIRE)-- Masco Corporation (NYSE:... More