Masco reports Q2 adjusted EPS $1.30, consensus $1.08

Reports Q2 revenue $2.05B, consensus $1.99B. “During the first half of this year, we demonstrated our ability to successfully navigate a dynamic geopolitical and macroeconomic environment through our focused execution,” said Masco (MAS) president and CEO, Jon Nudi. “Our second quarter results were strong as we expanded adjusted operating profit margin by 100 basis points to 20.1 percent, and we grew adjusted earnings per share by 8 percent to $1.30. Additionally, our capital allocation strategy enabled us to return $167 million to shareholders through dividends and share repurchases.”