Recap: Masonite International Q2 Earnings

Masonite International DOOR reported its Q2 earnings results on Monday, August 8, 2022 at 04:10 PM.

Here's what investors need to know about the announcement.

Masonite International beat estimated earnings by 4.03%, reporting an EPS of $2.58 versus an estimate of $2.48.

Revenue was up $99.46 million from the same period last year.

Last quarter the company beat on EPS by $0.92 which was followed by a 10.1% increase in the share price the next day.

Here's a look at Masonite International's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	1.97	1.94	1.87	2.09
EPS Actual	2.89	2.01	1.99	2.23
Revenue Estimate	690.03M	660.16M	675.04M	634.48M
Revenue Actual	726.22M	635.97M	652.21M	662.41M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Masonite International management provided guidance for FY 2022, expecting earnings between $9.6 and $10.6 per share.

To track all earnings releases for Masonite International visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.