Masco reports Q2 non-GAAP EPS of $1.64, exceeding expectations, while revenue misses by $100M amid a 2.9% year-over-year decline.
Masco posted second-quarter non-GAAP earnings per share of $1.64, beating estimates by $0.33. The result highlights stronger-than-expected profitability despite revenue challenges.
Revenue reached $1.99 billion, missing forecasts by $100 million and declining 2.9% year-over-year. The shortfall reflects ongoing pressures in the home improvement sector.
The company updated its 2026 guidance, projecting GAAP EPS between $4.21 and $4.41, and adjusted EPS of $4.40 to $4.60, compared to a $4.28 consensus.