Masco Corp. (MAS) Tops Q3 EPS by 8c

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Masco Corporation Reports Third Quarter 2021 Results

October 27, 2021 7:00 AM EDT

Key Results

Sales increased 11 percent to $2,204 million Operating profit was $385 million and operating margin was 17.5 percent Earnings per share from continuing operations was $0.89 per share; adjusted earnings per share from continuing operations was $0.99 per share Returned $186 million to shareholders in the form of dividends and share repurchases Updating 2021 expected earnings per share to be in the range of $1.67 - $1.73, and on an adjusted earnings per share basis, in the range of $3.67 - $3.73, narrowed from the previous range of $3.65 - $3.75

LIVONIA, Mich.--(BUSINESS WIRE)-- Masco... More