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Stock impact report

Masco Corporation Reports First Quarter 2020 Results

Masco Corporation (MAS) 
Last masco corporation earnings: 4/29 07:00 am Check Earnings Report
Company Research Source: Business Wire
Key ResultsSales increased 4 percent to $1.6 billion; in local currency, sales increased 5 percentOperating profit for the quarter increased 14 percent to $225 million; adjusted operating profit increased 11 percent to $228 millionEarnings 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 shareReturned $639 million to shareholders through share repurchases and dividends in the quarterLiquidity at the end of the quarter was $1,767 million, including full availability on $1.0 billion revolving credit facility LIVONIA, Mich.--(BUSINESS WIRE)--Masco Corporation (NYSE: MAS), one of the world’s leading manufacturers of branded home improvement and building products, reported its first quarter results.“We delivered strong top and bottom-line growth and expanded margins in the quarter while managing through the initial challenges we faced in addressing the COVID-19 pandemic, Show less Read more
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