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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.

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