Fortune Brands Innovations Inc reports results for the quarter ended June 30 - Earnings Summary
Fortune Brands Innovations Inc reports results for the quarter ended June 30 - Earnings Summary
Fortune Brands Innovations Inc FBIN.N reported quarterly adjusted earnings of $1.35 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.00. The mean expectation of sixteen analysts for the quarter was for earnings of 80 cents per share. Wall Street expected results to range from 75 cents to 86 cents per share.
Revenue fell 4.1% to $1.15 billion from a year ago; analysts expected $1.16 billion.
Fortune Brands Innovations Inc's reported EPS for the quarter was a loss of 19 cents.
The company reported a quarterly loss of $22.5 million.
Fortune Brands Innovations Inc shares had fallen by 5.0% this quarter and gained 4.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 17.7% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy," 11 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the construction supplies & fixtures peer group is "buy."
Wall Street's median 12-month price target for Fortune Brands Innovations Inc is $55.00, about 4.1% above its last closing price of $52.73
This summary was machine generated from LSEG data August 4 at 09:51 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.80 | 1.35 | Beat |
Mar. 31 2026 | 0.52 | 0.53 | Beat |
Dec. 31 2025 | 1.00 | 0.86 | Missed |
Sep. 30 2025 | 1.11 | 1.09 | Missed |
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