Masco reports Q1 adjusted EPS $1.04, consensus 88c

Reports Q1 revenue $1.92B, consensus $1.83B. “We delivered strong first quarter operating results in an extremely dynamic environment,” said Jon Nudi, Masco’s (MAS) President and Chief Executive Officer. “We posted sales growth of 6 percent, adjusted operating profit growth of 13 percent, and adjusted earnings per share growth of 20 percent during the quarter. Additionally, our capital allocation strategy enabled us to return $267 million to shareholders through dividends and share repurchases.”