Masonite Int'l (DOOR) Misses Q3 EPS by 1c, Offers Guidance
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Masonite International Corporation Reports 2021 Third Quarter Financial Results and Updates Annual Outlook
November 8, 2021 4:30 PM ESTTAMPA, Fla.--(BUSINESS WIRE)-- Masonite International Corporation ("Masonite" or "the Company") (NYSE: DOOR) today announced results for the three and nine months ended October 3, 2021.
Executive Summary - 3Q21 versus 3Q20
Net sales increased 11% to $652 million versus $588 million. Net income attributable to Masonite increased to $38 million from a $22 million loss. Diluted earnings per share increased to $1.54 from a loss of $0.89 per share and adjusted earnings per share* decreased to $1.99 from $2.16 on a fully diluted basis. Adjusted EBITDA* decreased to $105 million from $109... More