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Why Masco (MAS) Stock Is Up Today

The Street - 29 Jul 2014 17:13
NEW YORK (TheStreet) -- Masco was gaining 9.2% to $22.14 Tuesday after beating analysts' estimates for earnings in the second quarter. For the second quarter Masco reported earnings of 32 cents a share, beating the Capital IQ Consensus Estimate of 28 cents a share by 4 cents. Revenue grew 5.1% from the year-ago quarter to $2.26 billion, in line with analysts' estimates for the quarter. "As we move into the third quarter, we continue to see growing demand for our products and services across our...
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