Investing.com - Masco reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Masco announced earnings per share of $0.75 on revenue of $1.86B. Analysts polled by Investing.com anticipated EPS of $0.7437 on revenue of $1.8B.
Masco shares are up 4% from the beginning of the year and are trading at $57.29 , down-from-52-week-high.They are broadly in line with the S&P 500 which is up 4.25% 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, January 20, 2021, who reported EPS of $3.91 on revenue of $5.15B, compared to forecasts EPS of $2.97 on revenue of $4.49B.
Honeywell had beat expectations on Friday, January 29, 2021 with fourth quarter EPS of $2.07 on revenue of $8.9B, compared to forecast for EPS of $2 on revenue of $8.4B.
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