MasterBrand Inc reports results for the quarter ended in June - Earnings Summary

Masterbrand

09/08/2023 03:22

* MasterBrand Inc  MBC.N  reported quarterly adjusted
earnings of
42 cents​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for earnings of 31 cents
per share.
    * Revenue was $695.10 million​; analysts expected $710.00
million. 
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * MasterBrand Inc shares had risen by 6.6% this quarter and
gained 64.2% so far this year.
    * Wall Street's median 12-month price target for MasterBrand
Inc
is $13.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 02:22 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.31           0.42           Beat
 Mar. 31 2023      0.12           0.28           Beat
 Dec. 31 2022      0.51           0.52           Beat