Masco Corporation reported fourth-quarter earnings of $165 million and adjusted earnings of 82 cents per share, surpassing Wall Street expectations. The company faced a 1.1% annual revenue shrinkage, totaling $7.56 billion for the year, and missed the market’s revenue forecasts by $0.03 billion. However, Masco's shares surged 8.7% following the release, reflecting increased investor confidence, as the company projects full-year earnings between $4.10 and $4.30 per share.
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