Masco Corp. (MAS) Misses Q2 EPS by 5c; Narrows Outlook
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/30/2026
- S&P 500, Nasdaq advance as soft inflation tempers Fed rate-hike bets
- Equity positioning stays overweight, but summer extremes have eased: Barclays
- Oil prices rise on stalled US-Iran talks and tight fuel markets
- Micron reports Q4 today: Why Lynx Equity sees massive upside
- Moderna: Citi says oncology optimism is priced in, cuts rating to sell
- Salesforce agrees to acquire AI research platform Listen Labs
- Workday cuts 2.5% of workforce, revises GAAP margin outlook
- S&P 500 flat as higher bond yields counter tech optimism
- Apple's iOS 27 is blocking Trade Desk ads on Safari, analyst says
- Mattel names Roger Lynch as chairman and CEO, replacing Ynon Kreiz
Masco Corporation Reports Second Quarter 2022 Results
July 28, 2022 7:00 AM EDTHighlights
Sales increased 8 percent to $2,352 million; in local currency, sales increased 11 percent Operating profit was $408 million and operating margin was 17.3 percent; adjusted operating profit was $414 million and adjusted operating margin was 17.6 percent Earnings per share was $1.18; adjusted earnings per share matched prior year at $1.14 Repurchased 10.4 million shares for $550 million Anticipate 2022 earnings per share in the range of $4.19 - $4.29 per share, and on an adjusted basis, in the range of $4.15 - $4.25 per share, narrowed from the previous range of $4.15 - $4.35 per shareÂ
LIVONIA,... More
