Masco reports Q3 adjusted EPS $1.08, consensus $1.08

Reports Q3 revenue $1.98B, consensus $2B. “We delivered another quarter of strong operating results,” said Masco (MAS) President and CEO, Keith Allman. “Our adjusted operating margin expanded 60 basis points to 18.2 percent, marking the sixth consecutive quarter of year-over-year margin expansion, and our adjusted earnings per share grew by 8 percent. Additionally, we executed on our capital allocation strategy by returning $255 million to shareholders though dividends and share repurchases.”