Investing.com - Masco reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Masco announced earnings per share of $0.98 on revenue of $2.20. Analysts polled by Investing.com anticipated EPS of $1.06 on revenue of $2.25B.
Masco shares are down 3.58% from the beginning of the year and are trading at $48.34 , down-from-52-week-high.
Masco follows other major Industrials sector earnings this month
Masco's report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $2.99 on revenue of $24.2B, compared to forecasts EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on Tuesday with third quarter EPS of $1.21 on revenue of $17B, compared to forecast for EPS of $1.14 on revenue of $17.31B.
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