Masco Corp. (MAS) Tops Q1 EPS by 10c
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Masco Corporation Reports First Quarter 2020 Results
April 29, 2020 7:00 AM EDTKey Results
Sales increased 4 percent to $1.6 billion; in local currency, sales increased 5 percent Operating profit for the quarter increased 14 percent to $225 million; adjusted operating profit increased 11 percent to $228 million Earnings per share from continuing operations increased 33 percent to $0.48 per share; adjusted earnings per share from continuing operations increased 24 percent to $0.46 per share Returned $639 million to shareholders through share repurchases and dividends in the quarter Liquidity at the end of the quarter was $1,767 million, including full availability on $1.0 billion revolving credit facilityLIVONIA, Mich.--(BUSINESS... More
