Masco Q4 Profit Tops Estimates - Quick Facts

(RTTNews) - Masco Corp. (MAS) reported fourth-quarter net income attributable to company of $100 million or $0.28 per share, compared to $48 million or $0.13 per share, a year ago. Income per share from continuing operations was $0.29, compared to $0.12. Income from continuing operations, as adjusted, was $86 million or $0.24 per share, for the quarter.

On average, 22 analysts polled by Thomson Reuters expected the company to report profit per share of $0.20 for the quarter. Analysts' estimates typically exclude special items.

Net sales from continuing operations increased 3 percent to $2.06 billion. Analysts expected revenue of $2.10 billion for the quarter.