secwatch.observer — SEC 8-K summary
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Issuer:     MASCO CORP /DE/ (MAS)
CIK:        0000062996
Form:       8-K
Filed at:   2022-10-26T23:59:59+00:00
Accession:  0000062996-22-000039
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Masco Q3 EPS $0.97, sales flat, guidance cut to $3.70-$3.80, new $2B buyback
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- Net sales $2,204M flat YoY; in local currency +3%.
- Operating profit $351M (-9%); operating margin 15.9% vs 17.5%.
- Reported EPS $0.97 (+9%); adjusted EPS $0.98 (-1%).
- FY2022 adjusted EPS guidance lowered to $3.70-$3.80 from $4.15-$4.25.
- Board authorized new $2.0B share repurchase program; quarterly dividend $0.28/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/62996/000006299622000039/0000062996-22-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/62996/000006299622000039/mas-20221026.htm
  HTML page:      https://secwatch.observer/filing/0000062996-22-000039

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