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Masonite Int'l (DOOR) Tops Q2 EPS by 14c

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Imperial Capital Cuts Price Target on Masonite Int'l (DOOR) to $77 Following 2Q Miss

August 12, 2016 7:23 AM EDT

Imperial Capital maintained an Outperform rating on Masonite International (NYSE: DOOR), and cut the price target to $77.00 (from $80.00), following the company's 2Q earnings report. DOOR reported adjusted 2Q16 EBITDA of $68.5mn, below the Street's $71.8mn estimate. Revenue of
$514mn missed Imperial's estimates by $16mn.... More