Masonite Int'l (DOOR) Tops Q1 EPS by 4c

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Masonite International Corporation Reports 2017 First Quarter Financial Results

May 8, 2017 4:15 PM EDT

TAMPA, Fla.--(BUSINESS WIRE)-- Masonite International Corporation ("Masonite" or "the Company") (NYSE: DOOR) today announced results for the three months ended April 2, 2017.

Executive Summary - 1Q17 versus 1Q16

Net sales decreased slightly to $487 million versus $489 million. Average unit prices increased in all three reportable segments. Net income attributable to Masonite increased to $24 million versus $18 million. Diluted earnings per share increased to $0.77 from $0.57. Adjusted EBITDA* decreased to $53 million from $58 million.... More