Masonite Int'l (DOOR) Tops Q4 EPS by 15c

Masonite Int'l (NYSE: DOOR) reported Q4 EPS of $0.54, $0.15 better than the analyst estimate of $0.39. Revenue for the quarter came in at $485.4 million versus the consensus estimate of $460.24 million.

“We delivered a seventh consecutive quarter of double digit Adjusted EBITDA growth in the fourth quarter. Adjusted EBITDA increased more than 50% compared to the same period last year and we reported double digit Adjusted EBITDA margins for the third consecutive quarter. Our continued focus on innovation, customer service, strategic acquisitions, and a disciplined focus on margins across the business portfolio drove the tremendous results in 2015,” said Fred Lynch, President and CEO. “We believe we are well positioned for continued strong growth in 2016 as we partner with our customers to provide best in class products and service levels and deliver an unparalleled customer experience.”

The Company expects 2016 Adjusted EBITDA to be in the range of $235 million to $255 million.

For earnings history and earnings-related data on Masonite Int'l (DOOR) click here.

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