Masco Corp. (MAS) Misses Q4 EPS by 2c

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Go back to Masco Corp. (MAS) Misses Q4 EPS by 2c

Masco Corporation Reports Fourth Quarter and 2022 Year-End Results

February 9, 2023 7:00 AM EST

Highlights

Sales for the fourth quarter decreased 5 percent to $1,923 million Operating profit for the quarter was $185 million; adjusted operating profit was $234 million Earnings per share from continuing operations for the quarter was $0.51 per share; adjusted earnings per share from continuing operations was $0.65 per share 2023 earnings per share expected to be in the range of $3.06 $3.36 per share, and on an adjusted basis, to be in the range of $3.10 $3.40 per share Board declares a quarterly dividend of $0.285 per share, a 2 percent increase, payable on March 13, 2023 to shareholders of record on February 23,... More