MasterBrand Inc expected to post earnings of 26 cents a share - Earnings Preview

Masterbrand

04/05/2024 02:46

* MasterBrand Inc  MBC.N   MBC  is expected to show a fall
in
quarterly revenue when it reports  results on May 7 for the
period ending March 31 2024
    * The Beachwood Ohio-based  company is expected to report a
7.0% decrease in revenue to $629 million from $676.7 million a
year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for MasterBrand Inc is for
earnings of 26 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for MasterBrand
Inc
is $18.00​, above​ its last closing price of $17.28. ​​​

This summary was machine generated May 4 at 01:46 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)