Masco corporation provides earnings guidance for the full year 2019

Masco corporation provided earnings guidance for the full year 2019. masco corporation has entered into a definitive agreement to sell masco cabinetry to acproducts inc. masco cabinetry will be accounted for as discontinued operations for the fourth quarter and full year 2019. with this change, normalized annual tax rate is now expected to be 26% compared to previously expected rate of 25%, and anticipated earnings per share from continuing operations for the full year is expected to be $2.12 to $2.16 per share on a reported basis, and $2.19 to $2.23 per share on an adjusted basis.
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