MasterBrand (NYSE:MBC) Updates FY 2024 Earnings Guidance

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

MasterBrand Price Performance

NYSE MBC traded up $0.32 on Thursday, reaching $16.72. The company’s stock had a trading volume of 697,333 shares, compared to its average volume of 1,031,534. The firm’s 50 day moving average is $17.68 and its two-hundred day moving average is $15.26. The stock has a market cap of $2.13 billion, a PE ratio of 11.72 and a beta of 1.82. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.22 and a current ratio of 1.94. MasterBrand has a twelve month low of $9.77 and a twelve 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 for the quarter, topping analysts’ consensus estimates of $0.28 by $0.06. The firm had revenue of $677.10 million during the quarter. MasterBrand had a net margin of 6.68% and a return on equity of 17.24%.

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.