Masco: Q3 Earnings Snapshot

LIVONIA, Mich. (AP) _ Masco Corp. (MAS) on Wednesday reported third-quarter profit of $218 million.On a per-share basis, the Livonia, Michigan-base...

October 26, 2022
1:58 PM

LIVONIA, Mich. (AP) _ Masco Corp. (MAS) on Wednesday reported third-quarter profit of $218 million.On a per-share basis, the Livonia, Michigan-based company said it had net income of 97 cents. Earnings, adjusted for non-recurring costs, were 98 cents per share. The results did not meet Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.07 per share. The maker of Behr paint, Delta faucets and other building products posted revenue of $2.