{
  "id": 16890069,
  "title": "Masco beats Q3 estimates, raises full-year guidance",
  "url": "https://urgent.news/2026/10/28/masco-beats-q3-estimates-raises-full-year-guidance",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-28T11:22:17.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/earnings/masco-beats-q3-estimates-raises-fullyear-guidance-93CH-4978602"
  },
  "original_language": "en",
  "account": "Masco Corporation reported better-than-expected third quarter results, surpassing analyst forecasts and raising its full-year earnings guidance. The home improvement products manufacturer disclosed adjusted earnings per share of $1.19 for Q3, outpacing the consensus of $1.02 by $0.17. Sales rose 3% to $1.97 billion, exceeding the forecasted $1.93 billion and a year-over-year increase from $1.92 billion. Excluding the sale of Bristan and currency impacts, net sales climbed 4%. The company adjusted its full-year adjusted EPS guidance to a range of $4.65 to $4.75, surpassing the previous range of $4.40 to $4.60. On a reported basis, Masco anticipates full-year EPS of $4.51 to $4.61. CEO Jon Nudi attributed the strong performance to the company's teams, strategic execution, and business resilience. For Q3, sales increased 3% or 4% excluding divestiture and currency impacts, adjusted operating margin expanded 160 basis points to 17.9%, and adjusted EPS grew 23%. Gross margin expanded 250 basis points to 37.1%. Masco returned $322 million to shareholders through dividends and share repurchases. The company declared a quarterly dividend of $0.32 per share, payable to shareholders on November 23, 2026, with the record date on November 6, 2026.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}