Masco (MAS) Q1 Earnings Beat Estimates, Margins Rise Y/Y

Masco Corporation (MAS) reported mixed results for first-quarter 2024, wherein earnings surpassed the Zacks Consensus Estimate but net sales lagged the same.On a year-over-year basis earnings increased despite net sales decline. Strong operational efficiency helped it deliver solid earnings. Masco’s focus on a balanced capital deployment strategy helped it return $212 million to shareholders via dividends and share repurchases.Shares of Masco lost 2.3% in the pre-market trading session on Apr 24.Inside the ...