Investing.com - Masco reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Masco announced earnings per share of $0.99 on revenue of $2.20B. Analysts polled by Investing.com anticipated EPS of $0.8858 on revenue of $2.09B.
Masco shares are up 5% from the beginning of the year and are trading at $61.08 , down-from-52-week-high.They are under-performing the Nasdaq 100 which is up 20.73% from the start of the year.
Masco follows other major Capital Goods sector earnings this month
Masco's report follows an earnings beat by ASML ADR on Wednesday, October 20, 2021, who reported EPS of $4.97 on revenue of $6.1B, compared to forecasts EPS of $4.61 on revenue of $6.19B.
Honeywell had beat expectations on Friday with third quarter EPS of $2.02 on revenue of $8.47B, compared to forecast for EPS of $1.99 on revenue of $8.66B.
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