Masco Corp. (MAS) Tops Q2 EPS by 18c, Revenues Beat
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Masco Corporation Reports Second Quarter 2020 Results
July 30, 2020 7:00 AM EDTKey Results
Sales decreased 4 percent to $1.8 billion; in local currency, sales decreased 3 percent Operating profit for the quarter decreased 2 percent to $339 million; adjusted operating profit decreased 1 percent to $344 million Operating margin increased 30 basis points to 19.2 percent; adjusted operating margin increased 50 basis points to 19.5 percent Earnings per share from continuing operations increased 11 percent to $0.80 per share; adjusted earnings per share from continuing operations increased 14 percent to $0.84 per share Board announces intent to increase annual dividend by $.02 per share to $.56 per share, beginning in the fourth... More