Investing.com - Masco reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Masco announced earnings per share of $1.14 on revenue of $2.18B. Analysts polled by Investing.com anticipated EPS of $1.04 on revenue of $2.15B.
Masco shares are up 19% from the beginning of the year and are trading at $59.97 , down-from-52-week-high.They are under-performing the AEX which is up 21% from the start of the year.
Masco shares gained 0.54% in pre-market trade after the report.
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 $3.06 on revenue of $23.42B, compared to forecasts EPS of $2.79 on revenue of $23.19B.
Honeywell had beat expectations on Friday, July 23, 2021 with second quarter EPS of $2.02 on revenue of $8.81B, compared to forecast for EPS of $1.94 on revenue of $8.64B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar