Fortune Brands Innovations (FBIN) is expected to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on February 6, 2025, might help the stock move higher if these key numbers ...

I gave a buy rating to Fortune Brands Innovations (NYSE: FBIN ) in August, with my key thesis being that growth should get better as the US macro conditions recover, and with the partnership strategy, medium-termI'm a passionate investor with a strong foundation in fundamental analysis and a keen eye for identifying undervalued companies with long-term growth potential. My investment approach is a blend of value investing principles and a focus on long-term growth. I believe in buying quality companies at a ...

Fortune Brands Innovations, Inc. (NYSE:FBIN) Q3 2024 Earnings Conference Call November 6, 2024 5:00 PM ET Company Participants Leigh Avsec - Vice President of Investor Relations & Corporate Affairs Nicholas Fink - Chief Executive Officer David Barry - Executive Vice President and Chief Financial Officer Conference Call Participants John Lovallo - UBS Philip Ng - Jefferies Michael Dahl - RBC Capital Markets Trevor Allinson - Wolfe Research Stephen Kim - Evercore ISI Adam Baumgarten - Zelman Matt Bouley - Bar ...

For the quarter ended September 2024, Fortune Brands Innovations (FBIN) reported revenue of $1.16 billion, down 8.4% over the same period last year. EPS came in at $1.16, compared to $1.19 in the year-ago quarter.The reported revenue represents a surprise of -6.97% over the Zacks Consensus Estimate of $1.24 billion. With the consensus EPS estimate being $1.15, the EPS surprise was +0.87%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations ...

Fortune Brands Innovations (FBIN) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $1.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.87%. A quarter ago, it was expected that this maker of products for the home, like faucets, cabinets, windows and doors would post earnings of $1.12 per share when it actually produced earnings of $1.1 ...

EXHIBIT 99.1 Fortune Brands Significantly Expands Margin in the Third Quarter; Executes on Focused Set of Strategic Priorities Amidst a Challenging Environment Highlights: • Q3 2024 sales were $1.2 billion, a decrease of 8 percent versus Q3 2023; organic sales excluding the impact of China were down 5 percent • Q3 2024 earnings per share (EPS) were $1.09, an increase of 2 percent versus a year ago; EPS before charges / gains were $1.16, a decrease of 3 percent versus Q3 2023 • Company updates full-year 2024 ...

ATLANTA, Oct. 10, 2024 (GLOBE NEWSWIRE) -- FORTNA, a leading automation and software company for the full logistics value chain, in collaboration with Moen, a prominent brand of Fortune Brands Innovations, today opened a state-of-the-art distribution center in North Las Vegas utilizing a FORTNA-designed AutoStore solution. This ribbon-cutting event marks a significant milestone in optimizing operations on the west coast for Moen. The new center is a strategic fit designed to enhance Moen's ability to servic ...

SAN FRANCISCO, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Yale, a leader in smart home security, today launched the "Secure Start" contest, designed to help provide financial and security support for new renters. As rent prices climb and the moving process becomes more challenging—with hefty security deposits and the need for reliable home protection—Yale aims to ease some of these burdens. Starting today, a unique Instagram contest is open, offering a chance to help cover five winners' security deposits and equip t ...

NEW AGREEMENT STRENGTHENS PARTNERSHIP DELIVERING EXCEPTIONAL EXPERIENCES TO HOMEBUYERS WITH UNMATCHED QUALITY AND DURABILITY NORTH OLMSTED, Ohio, Sept. 30, 2024 /PRNewswire/ -- Two leading companies in the home building industry are solidifying their relationship to deliver exceptional plumbing solutions within quality energyefficient homes to homebuyers across the country. Moen, the leader in water experiences, has signed a multiyear agreement with Meritage Homes, the fifth-largest public homebuilder in th ...

Tra 41 � - 1 e th T 11 p0 2019 12 27.1 19 17-1 nnen 71.9 ,56 10.9 18.0 125 4 5 22 E Adam Gault FBIN's Historical Net Sales Growth (Company Data, GS Analytics Research) Investment Thesis I last covered Fortune Brands Innovations, Inc. (NYSE:FBIN) in May with a buy rating and the stock has done well since then giving a total return of -10% versus S&P 500's (SPY) >5% increase. I continue to see more upside for the company driven by good execution, market share gains, and new partnerships for its connected prod ...