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MAS Masco News Story

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Masco rises after reinstating annual profit forecast, Q2 results beat

** Shares of home improvement firm Masco MAS.N rise about 5% to $69 premarket after reinstating annual profit forecast

**Co expects its full-year adjusted earnings per share between $3.87 and $4.07, above analysts' estimate of $3.64, according to LSEG estimates

** "For the second half of this year, we remain confident in the ability of our teams to continue to execute our strategic priorities to drive results, even while uncertainty surrounding near-term market conditions persists," CEO Jon Nudi says

** MAS also reports Q2 results beat

** As of last close, MAS stock down 9.43% YTD

 (Reporting by Anshi Sancheti)

 ((Anshi.Sancheti@thomsonreuters.com))

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