Form 8-K MASONITE INTERNATIONAL For: Aug 09
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Masonite International (DOOR) PT Raised to $150 at Stifel
August 11, 2021 4:58 PM EDTStifel analyst Stanley Elliott raised the price target on Masonite International (NYSE: DOOR) to $150.00 (from $148.00) while maintaining a Buy rating following better-than-expected Q2 results.
The analyst commented, "2Q21 revenues were ahead of expectations, but essentially in-line for adjusted EBITDA as margins were negatively impacted... More
Masonite Int'l (DOOR) Tops Q2 EPS by 14c; Updates Guidance
August 9, 2021 4:35 PM EDTMasonite Int'l (NYSE: DOOR) reported Q2 EPS of $2.23, $0.14 better than the analyst estimate of $2.09. Revenue for the quarter came in at $662 million versus the consensus estimate of $634.48 million.
Robust demand in our residential end markets and solid execution allowed us to achieve strong Net Sales and Adjusted EBITDA* growth despite strengthening inflation headwinds in the quarter, said Howard Heckes, President and CEO. I am extremely... More
