Masco Corp. (MAS) Tops Q4 EPS by 4c, Revenues Miss; Offers FY20 EPS Guidance Below Consensus
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Masco Corporation Reports Fourth Quarter and 2019 Year-End Results
February 11, 2020 7:00 AM EST2019 Fourth Quarter Key Results
Sales for the fourth quarter matched prior year at $1.6 billion; in local currency, sales increased 1 percent Earnings per share from continuing operations for the quarter decreased 2 percent to $0.56 per share; adjusted earnings per share from continuing operations matched prior year at $0.54 per share Returned $495 million to shareholders through share repurchases and dividends in the quarter Anticipate 2020 earnings per share from continuing operations to be in the range of $2.25 - $2.45 per share, and on an adjusted basis to be in the range of $2.35 - $2.55 per share Windows and Cabinetry... More