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TAMPA, Fla. (AP) — TAMPA, Fla. (AP) — Masonite International Corp. (DOOR) on Monday reported a loss of $10 million in its fourth quarter.
On a per-share basis, the Tampa, Florida-based company said it had a loss of 46 cents. Earnings, adjusted for one-time gains and costs, came to $1.31 per share.
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.36 per share.
The door maker for the housing industry posted revenue of $660.6 million in the period, surpassing Street forecasts. Five analysts surveyed by Zacks expected $659.9 million.
For the year, the company reported profit of $118.2 million, or $5.29 per share. Revenue was reported as $2.83 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DOOR at https://www.zacks.com/ap/DOOR