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Masco Corporation Reports Fourth Quarter and 2017 Year-End Results

MASCO (MAS)  More Company Research Source: Business Wire
Last masco earnings: 2/8 07:00 am Check Earnings Report
PDF 2017 Fourth Quarter Key Highlights Sales for the fourth quarter increased 7 percent to $1.9 billion; in local currency, sales increased 5 percent Operating profit for the quarter grew 23 percent to $264 million; adjusted operating profit grew 20 percent to $265 million Earnings per share for the quarter decreased 10 percent to $0.27 per share; adjusted earnings per share grew 33 percent to $0.44 per share Completed the acquisition of Mercury Plastics, Inc. and signed a definitive agreement to acquire The L.D. Kichler Co. for combined expected purchase price of approximately $640 million Anticipate 2018 earnings per share to be in the range of $2.36 - $2.51 per share, and on an adjusted basis to be in the range of $2.48 - $2.63 per share LIVONIA, Mich.--(BUSINESS WIRE)-- Masco Corporation (NYSE: MAS), one of the wo [Read more]

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