Masonite: Q2 Earnings Snapshot
TAMPA, Fla. (AP) _ Masonite International Corp. (DOOR) on Monday reported second-quarter earnings of $58.5 million.
The Tampa, Florida-based company said it had net income of $2.58 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.43 per share.
The door maker for the housing industry posted revenue of $761.9 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $735.6 million.
Masonite expects full-year earnings in the range of $9.60 to $10.60 per share.