Masco Corp. (MAS) Misses Q3 EPS by 8c; Lowers FY EPS Outlook
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
Masco Corporation Reports Third Quarter 2022 Results
October 26, 2022 7:00 AM EDTHighlights
Sales of $2,204 million matched prior year third quarter 2021 sales; in local currency, sales increased 3 percent Operating profit was $351 million and operating margin was 15.9 percent Earnings per share increased 9 percent to $0.97 per share; adjusted earnings per share decreased 1 percent to $0.98 per share Board authorized new $2.0 billion share repurchase program Anticipate 2022 earnings per share in the range of $3.73 - $3.83 per share, and on an adjusted basis, in the range of $3.70 - $3.80 per share, compared to the previous range of $4.15 - $4.25 per shareLIVONIA, Mich.--(BUSINESS... More
