MasterBrand (NYSE:MBC) Releases FY 2024 Earnings Guidance

MasterBrand (NYSE:MBC) updated its FY 2024 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 1.400-1.600 for the period, compared to the consensus estimate of 1.450. The company issued revenue guidance of -.

MasterBrand Stock Up 2.0 %

MasterBrand stock traded up $0.32 during mid-day trading on Thursday, hitting $16.72. The company had a trading volume of 697,333 shares, compared to its average volume of 1,031,534. The stock’s 50 day moving average price is $17.68 and its two-hundred day moving average price is $15.26. The company has a current ratio of 1.94, a quick ratio of 1.22 and a debt-to-equity ratio of 0.58. The company has a market capitalization of $2.13 billion, a PE ratio of 11.72 and a beta of 1.82. MasterBrand has a 12 month low of $9.77 and a 12 month high of $19.07.

MasterBrand (NYSE:MBC) last issued its earnings results on Monday, February 26th. The company reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.06. MasterBrand had a net margin of 6.68% and a return on equity of 17.24%. The firm had revenue of $677.10 million for the quarter.

About MasterBrand

MasterBrand, Inc engages in the manufacture and sale of residential cabinets in the United States and Canada. The company offers a range of residential cabinetry products for the kitchen, bathroom, and other parts of the home. It sells its products to remodeling and new construction markets through dealers, retailers, and builders.