Masonite Int'l (DOOR) Misses Q4 EPS by 2c

Masonite Int'l (NYSE: DOOR) reported Q4 EPS of $1.29, $0.02 worse than the analyst estimate of $1.31. Revenue for the quarter came in at $661 million versus the consensus estimate of $662.2 million.

Acquisition by Owens Corning

On February 8, 2024, Masonite and Owens Corning entered into a definitive agreement under which Owens Corning will acquire all of the outstanding shares of Masonite for $133.00 per share in cash. The transaction has been unanimously approved by both companies\' Board of Directors and is subject to Masonite shareholders\' approval, as well as various regulatory approvals and other customary closing conditions. The transaction is anticipated to close by the middle of 2024.

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

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