Masonite Int'l (DOOR) Misses Q2 EPS by 22c

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Go back to Masonite Int'l (DOOR) Misses Q2 EPS by 22c

Masonite International (DOOR) PT Lowered to $77 at Nomura/Instinet on 2Q Miss; 'Bad Execution Again... Guidance Pulled on Sales Uncertainty'

August 10, 2017 9:29 AM EDT

Nomura/Instinet lowered its price target on Masonite International (NYSE: DOOR) to $77.00 (from $86.00) while maintaining a Buy rating, following the company's second quarter earnings report.

Analyst Michael Wood notes the company delivered second quarter earnings per share and revenues below consensus projections,... More