Masco reports Q4 adjusted EPS 89c, consensus 87c

Reports Q4 revenue $1.828B, consensus $1.84B. “We delivered another quarter of strong operating results,” said Keith Allman, Masco’s (MAS) President and Chief Executive Officer. “Our fourth quarter adjusted operating profit margin expanded 140 basis points, marking the seventh consecutive quarter of year-over-year margin expansion, and our adjusted earnings per share grew by 7 percent. Additionally, we executed on our capital allocation strategy by returning $331 million to shareholders in the quarter through dividends and share repurchases.”