Masco Corp. (MAS) Tops Q4 EPS by 1c

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Masco Corporation Reports Fourth Quarter and 2020 Year-End Results

February 9, 2021 7:00 AM EST

Highlights

Sales for the fourth quarter increased 13 percent to $1,860 million; in local currency, sales increased 12 percent Operating profit for the quarter increased 20 percent to $307 million; adjusted operating profit increased 20 percent to $309 million Earnings per share from continuing operations for the quarter increased 30 percent to $0.73 per share; adjusted earnings per share from continuing operations increased 36 percent to $0.75 per share 2021 earnings per share from continuing operations expected to be in the range of $1.80 $2.00 per share, and on an adjusted basis, to be in the range of $3.25 $3.45 per share Board announces its intent... More