Masco Corporation Reports Fourth Quarter and 2018 Year-End Results
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Masco (MAS) PT Raised to $39 at RBC Capital
February 8, 2019 6:33 AM ESTRBC Capital analyst Mike Dahl raised the price target on Masco (NYSE: MAS) to $39.00 (from $38.00) while maintaining a Outperform rating.
... MoreMasco Corp. (MAS) Tops Q4 EPS by 8c, Revenues Beat; Offers FY19 EPS Mid-Point Guidance Below Consensus
February 7, 2019 7:08 AM ESTMasco Corp. (NYSE: MAS) reported Q4 EPS of $0.64, $0.08 better than the analyst estimate of $0.56. Revenue for the quarter came in at $2.04 billion versus the consensus estimate of $2.01 billion.
Sales for the fourth quarter increased 10 percent to $2.0 billion; in local currency, sales increased 11 percentOperating profit for the quarter grew 21 percent to $309 million; adjusted operating profit grew 23 percent to $315 millionEarnings per share for the quarter increased 156 percent to $0.64 per share; adjusted earnings per share grew 56 percent to $0.64 per shareReturned $336 million to shareholders through share repurchases and dividends in the... More