07:56 AM EDT, 10/29/2024 (MT Newswires) -- Masco ( MAS ) reported Q3 adjusted earnings Tuesday of $1.08, up from $1 a year earlier.
Analysts polled by Capital IQ expected $1.09.
Net sales for the quarter ended Sept.30 was $1.98 billion, roughly flat compared with a year earlier.
Analysts surveyed by Capital IQ expected $2 billion.
The company said it expects full-year adjusted net income of $4.05 to $4.15 per common share, compared with a prior forecast for adjusted net income of $4.05 to $4.20 per common share. Analysts surveyed by Capital IQ expect $4.11.
Price: 80.25, Change: -1.43, Percent Change: -1.75