Masonite Int'l (DOOR) Tops Q1 EPS by 16c, Offers FY Guidance
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Masonite International Corporation Reports 2021 First Quarter Financial Results and Raises Annual Outlook
May 4, 2021 4:30 PM EDTTAMPA, Fla.--(BUSINESS WIRE)-- Masonite International Corporation ("Masonite" or "the Company") (NYSE: DOOR) today announced results for the three months ended April 4, 2021.
Executive Summary - 1Q21 versus 1Q20
Net sales increased 17% to $646 million versus $551 million. Net income attributable to Masonite increased to $47 million from $30 million. Diluted earnings per share increased to $1.89 from $1.19 per share and adjusted earnings per share* increased to $1.93 from $1.24. Adjusted EBITDA* increased to $102 million from $82 million. Repurchased 84,983 shares of Masonite stock in the first quarter for... More