Masco Corp. (MAS) Tops Q1 EPS by 24c

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Masco Corporation Reports First Quarter 2023 Results

April 26, 2023 7:00 AM EDT

Highlights

Sales decreased 10 percent to $1,979 million Operating profit was $315 million; adjusted operating profit was $312 million Earnings per share was $0.90 per share; adjusted earnings per share was $0.87 per share Repurchased 1.1 million shares for $56 million Continue to expect 2023 earnings per share in the range of $3.06 $3.36 per share, and on an adjusted basis, $3.10 $3.40 per share David Chaika appointed as Interim CFO, effective June 1, 2023

LIVONIA, Mich.--(BUSINESS WIRE)-- Masco Corporation (NYSE: MAS), one of the worlds leading manufacturers of branded home improvement and building... More