Recap: Masco Q2 Earnings

Masco MAS reported its Q2 earnings results on Thursday, July 28, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Masco missed estimated earnings by 5.0%, reporting an EPS of $1.14 versus an estimate of $1.2.

Revenue was up $173.00 million from the same period last year.

Last quarter the company beat on EPS by $0.1 which was followed by a 0.29% increase in the share price the next day.

Here's a look at Masco's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.85	0.68	0.89	1.04
EPS Actual	0.95	0.67	0.99	1.14
Revenue Estimate	2.06B	1.95B	2.10B	2.16B
Revenue Actual	2.20B	2.02B	2.20B	2.18B

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Masco management provided guidance for FY 2022, expecting earnings between $4.15 and $4.25 per share.

To track all earnings releases for Masco visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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