MasterBrand, Inc. (MBC) Tops Q2 EPS by 5c, provides guidance

MasterBrand, Inc. (NYSE: MBC) reported Q2 EPS of $0.45, $0.05 better than the analyst estimate of $0.40. Revenue for the quarter came in at $676.5 million versus the consensus estimate of $674.2 million.

GUIDANCE:

MasterBrand, Inc. sees FY2024 EPS of $1.50-$1.62, versus the consensus of $1.53.

Net sales year-over-year increase of low single-digit percentage

Organic decline of low single-digit percentage
Acquisition-related increase of mid single-digit percentage

Adjusted EBITDA1,2 in the range of $385 million to $405 million, with related adjusted EBITDA margin1,2 of roughly 14.0% to 14.5%

For earnings history and earnings-related data on MasterBrand, Inc. (MBC) click here.

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