Masco: Q3 Earnings Snapshot

LIVONIA, Mich. (AP) — LIVONIA, Mich. (AP) — Masco Corp. (MAS) on Wednesday reported third-quarter net income of $230 million.

On a per-share basis, the Livonia, Michigan-based company said it had net income of $1.17. Earnings, adjusted for non-recurring costs, were $1.19 per share.

The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.01 per share.

The maker of Behr paint, Delta faucets and other building products posted revenue of $1.97 billion in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $1.93 billion.

Masco expects full-year earnings in the range of $4.65 to $4.75 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MAS at https://www.zacks.com/ap/MAS