Masco Corp. Profit Advances 17% In Q2

(RTTNews) - Masco Corp. (MAS) announced earnings for its second quarter that increased compared to the same period last year.

The company said its bottom line totaled $152 million, or $0.46 per share. This was higher than $130 million, or $0.38 per share, in last year's second quarter.

Analysts had expected the company to earn $0.43 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.6% to $2.00 billion. This was up from $1.93 billion last year.

Masco Corp. earnings at a glance:

-Earnings (Q2): $152 Mln. vs. $130 Mln. last year. -Earnings Growth (Y-o-Y): 16.9% -EPS (Q2): $0.46 vs. $0.38 last year. -EPS Growth (Y-o-Y): 21.1% -Analysts Estimate: $0.43 -Revenue (Q2): $2.00 Bln vs. $1.93 Bln last year. -Revenue Change (Y-o-Y): 3.6%