Investing.com - Masco (NYSE:MAS) reported on Tuesday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Masco announced earnings per share of $0.67 on revenue of $2.02B. Analysts polled by Investing.com anticipated EPS of $0.6844 on revenue of $1.95B.
Masco shares are up 2% from the beginning of the year, still down 15.11% from its 52 week high of $71.06 set on January 4. They are outperforming the Nasdaq which is down 10.41% from the start of the year.
Masco follows other major Industrials sector earnings this month
Masco's report follows an earnings beat by United Parcel Service on February 1, who reported EPS of $3.59 on revenue of $27.85B, compared to forecasts EPS of $3.1 on revenue of $27.06B.
Union Pacific had beat expectations on January 20 with fourth quarter EPS of $2.66 on revenue of $5.73B, compared to forecast for EPS of $2.6 on revenue of $5.59B.
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