Masco Corporation : Reports First Quarter 2021 Results
Sales increased 25 percent to $1,970 million; in local currency, sales increased 22 percent Operating profit increased 62 percent to $365 million; adjusted operating profit increased 61 percent to $366 million Operating margin increased 430 basis points to 18.5 percent; adjusted operating margin increased 420 basis points to 18.6 percent Earnings per share from continuing operations decreased 29 percent to $0.34 per share; adjusted earnings per share from continuing operations increased 89 percent to $0.89 per share Repurchased 5.5 million shares for $303 million Anticipate 2021 earnings per ...