Masco Corp. (MAS) Tops Q3 EPS by 2c, Comments on Outlook

Masco Corp. (NYSE: MAS) reported Q3 EPS of $0.34, $0.02 better than the analyst estimate of $0.32. Revenue for the quarter came in at $1.8 billion versus the consensus estimate of $1.9 billion.

Outlook

“As we move into the last quarter of the year, we believe we will continue to see steady demand for our market-leading products as both repair and remodel demand and new home construction continue to improve,” said Mr. Allman. “We are confident in our ability to execute against this macro-economic backdrop by remaining focused on driving shareholder value through our industry-leading branded building products, operational excellence and disciplined capital allocation.”

For earnings history and earnings-related data on Masco Corp. (MAS) click here.

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