Earnings Preview For Masonite International
Portfolio Pulse from Benzinga Insights
Masonite International (NYSE:DOOR) is scheduled to release its quarterly earnings report on Monday, 2024-02-19, with analysts estimating an EPS of $1.31. The company's past performance includes a miss on EPS by $0.02 last quarter, leading to a 4.22% drop in share price the following day. Shares have risen 54.95% over the last 52 weeks, trading at $129.74 as of February 15. Investors are looking for not just an earnings beat but also positive guidance for the next quarter.
February 16, 2024 | 2:00 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Masonite International is expected to report an EPS of $1.31 for the upcoming quarter. Last quarter's miss resulted in a 4.22% share price drop. Shares have appreciated 54.95% over the past year.
The expected EPS of $1.31 sets a benchmark for Masonite International's performance. Given the stock's sensitivity to earnings announcements as seen in the last quarter, the upcoming report could sway the stock price significantly. However, the positive year-over-year growth and the anticipation of future guidance make the short-term impact neutral, as positive guidance could offset any negative reaction to an earnings miss.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100