Masco Corp. Q1 Income Advances 25%

(RTTNews) - Masco Corp. (MAS) released earnings for its first quarter that increased from last year.

The company said its bottom line rose to $131 million, or $0.41 per share. This was higher than $105 million, or $0.32 per share, in last year's first quarter.

Analysts had expected the company to earn $0.36 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.5% to $1.78 billion. This was up from $1.72 billion last year.

Masco Corp. earnings at a glance:

-Earnings (Q1): $131 Mln. vs. $105 Mln. last year. -Earnings Growth (Y-o-Y): 24.8% -EPS (Q1): $0.41 vs. $0.32 last year. -EPS Growth (Y-o-Y): 28.1% -Analysts Estimate: $0.36 -Revenue (Q1): $1.78 Bln vs. $1.72 Bln last year. -Revenue Change (Y-o-Y): 3.5%

-Guidance: Full year EPS guidance: $1.90 to $2.00