Masco reports Q3 adjusted EPS 97c, consensus $1.03

Reports Q3 revenue $1.92B, consensus $1.94B. “During the third quarter, we continued to navigate through a dynamic geopolitical and macroeconomic environment. While the near-term market conditions remained a headwind to our business, our teams continued to focus on execution to grow share and drive long-term success,” said Masco (MAS) President and CEO, Jon Nudi. “We delivered adjusted operating profit of $312 million and adjusted earnings per share of $0.97 during the quarter. Additionally, our capital allocation strategy enabled us to return $188 million to shareholders through dividends and share repurchases.”