Fortune Brands Q2 adjusted EPS beats estimates

Fortune Brands Innovations

04/08/2026 21:47

Overview
US home, security and digital products firm's Q2 revenue fell 4.1% 
Adjusted EPS for Q2 beat analyst expectations
Company updated full-year guidance to reflect net tariff refunds and new investments

Outlook
Company raises 2026 EPS before charges/gains guidance to $3.22-$3.52, including $0.52 tariff refund benefit
Fortune Brands expects 2026 net sales to be down low single digits
Company sees 2026 operating margin before charges/gains at 14.0%-15.0%, up from prior 13.5%-14.5%

Result Drivers
NET TARIFF REFUNDS - Co said net tariff refunds benefited Q2 operating income and EPS
SEGMENT PERFORMANCE - Water Innovations and Outdoors segments saw sales declines, while Security posted growth

Company press release: ID:nBw7DdSXfa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
 
$1.20 bln
 
Q2 Adjusted EPS
Beat
$1.35
$0.80 (14 Analysts)
Q2 Loss Per Share
 
$0.19
 

Analyst Coverage
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 5.4% above its August 3 closing price of $52.17
The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 11 three months ago

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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)