Fortune Brands Innovations (FBIN) came out with quarterly earnings of $1 per share, beating the Zacks Consensus Estimate of $0.98 per share. This compares to earnings of $1.16 per share a year ago.
Fortune Brands Innovations (FBIN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Despite recent underperformance and declining revenues, Fortune Brands Innovations remains attractively valued relative to peers and historical averages. Weakness in the Outdoors segment and macroeconomic headwinds, including housing affordability and high interest rates, have pressured results. Management is proactively addressing tariff risks and supply chain challenges, with digital sales growth and cost-cutting initiatives supporting future earnings.
Fortune Brands Innovations, Inc. (NYSE:FBIN ) Q1 2025 Earnings Conference Call May 6, 2025 5:00 PM ET Company Participants Leigh Avsec - Executive Vice President, External Affairs and Chief of Staff Nicholas Fink - Chief Executive Officer Jonathan Baksht - Executive Vice President and Chief Financial Officer David Barry - Executive Vice President, Chief Financial Officer, President of Security and Connected Products Conference Call Participants Phil Ng - Jefferies John Lovallo - UBS Trevor Allinson - Wolfe Research Susan McClary - Goldman Sachs Michael Rehaut - JP Morgan Operator Good afternoon, everyone. My name is Morgan and I will be your conference operator today.
Although the revenue and EPS for Fortune Brands Innovations (FBIN) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Fortune Brands Innovations (FBIN) came out with quarterly earnings of $0.66 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.83 per share a year ago.
Fortune Brands Innovations (FBIN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
I downgrade Fortune Brands Innovations stock from buy to hold due to poor 4Q24 performance and uncertain US macro outlook impacting near-term recovery prospects. FBIN's revenue declined 5% y/y in 4Q24, with all segments underperforming and adj EPS missing estimates, leading to weak FY25 guidance. Despite strong growth in connected products, FBIN's core businesses struggle, and macroeconomic factors like high mortgage rates and inflation pose significant risks.
Fortune Brands Innovations, Inc. (NYSE:FBIN ) Q4 2024 Results Earnings Conference Call February 6, 2025 5:00 PM ET Company Participants Leigh Avsec - Executive Vice President, External Affairs and Chief of Staff Nicholas Fink - Chief Executive Officer David Barry - Executive Vice President, Chief Financial Officer, President of Security and Connected Products Conference Call Participants Susan Maklari - Goldman Sachs Matthew Bouley - Barclays Capital Michael Rehaut - J.P. Morgan Adam Baumgarten - Zelman & Associates John Lovallo - UBS Operator Good afternoon, everyone.
Although the revenue and EPS for Fortune Brands Innovations (FBIN) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Fortune Brands Innovations (FBIN) came out with quarterly earnings of $0.98 per share, missing the Zacks Consensus Estimate of $1.05 per share. This compares to earnings of $0.95 per share a year ago.
FBIN's Q4 results are likely to reflect a declining sales trend due to softer residential & remodeling markets and a prolonged downturn in China. Yet, its margin resilience and digital expansion bode well.