Masonite International Corporation (NYSE:DOOR) is reporting second quarter earnings results on Monday 3rd August 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 1.18 per share from $ 489.63 million in revenue.
For the full year, analysts predict revenues of $ 2039.12 million, while looking forward to income of $ 4.35 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 2,220.00 million ~ $ 2,329.00 million, where as bottomline are predicted in a range of $ 4.25 ~ $ 5.25 per share
Click Here For More Historical Outlooks Of Masonite International Corporation
Previous Quarter Performance
Masonite International Corporation revealed income for the first quarter of $ 1.24 per share, from the revenue of $ 551.23 million. The quarterly earnings boosted 53.09 percent while revenues swell 3.80 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.62 per share from $ 521.64 million in revenue. The bottom line results beat street analysts by $ 0.62 or 100.00 percent, at the same time, top line results outshined analysts by $ 29.59 million or 5.67 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of DOOR was $ 84.35, representing a 141.83 % increase from the 52 week low of $ 34.88 and a 5.71 % decrease over the 52 week high of $ 89.46.
The company has a market capital of $ 2.06 billion and is part of the Basic Materials sector and Building Materials industry.
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Recent Analyst recommendations
- On 29th June 2020, maintained by Robert W. Baird at Neutral rating, with $ 72.00 target price.
- On 18th June 2020, maintained by Benchmark at Buy rating, with $ 81.00 target price.
- On 11th June 2020, downgraded by Wedbush to Neutral from Outperform rating.
Masonite International Corporation designs, manufactures, and distributes interior and exterior doors for the new construction and repair, renovation, and remodeling sectors of the residential and non-residential building construction markets worldwide. The company offers molded panel, flush, stile and rail, routed medium-density fiberboard (MDF), steel, and fiberglass residential doors, as well as architectural interior doors. It also provides various door components, including interior door facings, agri-fiber and particleboard door cores, MDF and wood cut-stock components, critical door components, wood veneer door skins, and mineral and particleboard door cores.
