Fortune Brands Innovations, Inc. reports results for the quarter ended September 30 - Earnings Summary
Fortune Brands Innovations, Inc. reports results for the quarter ended September 30 - Earnings Summary
Fortune Brands Innovations, Inc. FBIN.N reported quarterly adjusted earnings of $1.14 per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $1.09. The mean expectation of nineteen analysts for the quarter was for earnings of 74 cents per share. Wall Street expected results to range from 69 cents to 76 cents per share.
Revenue fell 3.1% to $1.11 billion from a year ago; analysts expected $1.12 billion.
Fortune Brands Innovations, Inc.'s reported EPS for the quarter was 42 cents.
The company reported quarterly net income of $49.9 million.
Fortune Brands Innovations, Inc. shares had risen by 22.4% this quarter and lost 6.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 12.3% 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 8 "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 $48.50, about 5.4% above its last closing price of $45.89
This summary was machine generated from LSEG data November 3 at 10:42 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 |
Sep. 30 2026 | 0.74 | 1.14 | Beat |
Jun. 30 2026 | 0.80 | 1.35 | Beat |
Mar. 31 2026 | 0.52 | 0.53 | Beat |
Dec. 31 2025 | 1.00 | 0.86 | Missed |
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