American Standard ( ASD) Monday said second-quarter profit rose more than 19%, thanks to broad-based growth in its three units, and offered positive third-quarter earnings guidance. The company earned $159.7 million, or 73 cents a share, vs. $133.9 million, or 61 cents a share, in the year-ago period. Revenue rose 14% to $2.58 billion. The consensus estimate of analysts according to Thomson First Call wasfor EPS of 72 cents. "We benefited from improved market conditions as well as our previous investments in new product development and in our brands," the company said. In the first quarter, the New Jersey-based company earned $84.6 million, or $1.14 a share, on revenue of $2.18 billion, vs. $63.8 million, or 87 cents a share, on revenue of $1.95 billion in the year-ago period, beating EPS expectations by a penny. The company forecast EPS of 65 cents to 70 cents in the third quarter, compared to the consensus forecast of 67 cents. The company held to its EPS forecast of $2.17 to $2.27 for full-year 2004, which it had revised higher last month. Analysts are expecting $2.23 a share. American Standard is best known to consumers for its bathroom and kitchen fixtures. Shares rose 99 cents, or 2.6%, to $39.69. The company implemented a 3-for-1 stock split May 28.