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Jun 30, 2021
Masco Q2 2021 Earnings Report
Masco's Q2 2021 earnings showcased strong performance with double-digit sales growth and margin expansion.
Key Takeaways
Masco Corporation reported a strong second quarter in 2021, marked by a 24% increase in sales to $2,179 million. The company experienced a 29% rise in operating profit, reaching $437 million, and an adjusted EPS of $1.14, a 34% increase. Masco also repurchased 6.6 million shares for $447 million and raised its 2021 earnings per share guidance.
Sales increased 24% to $2,179 million.
Operating profit increased 29% to $437 million.
Adjusted earnings per share increased 34% to $1.14.
Company repurchased 6.6 million shares for $447 million.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Masco anticipates 2021 earnings per share in the range of $1.74 - $1.84, and on an adjusted earnings per share basis, in the range of $3.65 - $3.75.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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