logo
Plus   Neg
Share
Email

Masco Corp. Q4 adjusted earnings Beat Estimates

Masco Corp. (MAS) announced earnings for its fourth quarter that advanced from last year.

The company's bottom line came in at $453 million, or $1.59 per share. This compares with $194M, or $0.64 per share, in last year's fourth quarter.

Excluding items, Masco Corp. reported adjusted earnings of $152M or $0.54 per share for the period.

Analysts had expected the company to earn $0.52 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Revenue came in at $1.64 billion, equal to the mark posted in the same period last year.

Masco Corp. earnings at a glance:

-Earnings (Q4): $152M. vs. $162 Mln. last year.
-EPS (Q4): $0.54 vs. $0.54 last year.
-Analysts Estimate: $0.52
-Revenue (Q4): $1.64 Bln vs. $1.64 Bln last year.

For comments and feedback contact: editorial@rttnews.com

RELATED NEWS
Follow RTT