On Wednesday, July 29, Fortune Brands Home FBHS will report its last quarter's earnings. Here is Benzinga's preview of the company's release.
Earnings and Revenue
Wall Street analysts see Fortune Brands Home reporting earnings of $0.58 per share on sales of $1.29 billion. In the same quarter last year, Fortune Brands Home reported EPS of $1.030 on revenue of $1.51 billion. If the company were to report in-line earnings when it publishes results Wednesday, earnings would be down 43.69%. Sales would have fallen 5.84% from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2020 | Q4 2020 | Q3 2019 | Q2 2019 |
|---|---|---|---|---|
| EPS Estimate | 0.67 | 0.97 | 0.98 | 1.03 |
| EPS Actual | 0.81 | 1 | 0.95 | 1.03 |
| Revenue Estimate | 1.37 B | 1.48 B | 1.49 B | 1.53 B |
| Revenue Actual | 1.40 B | 1.47 B | 1.46 B | 1.51 B |
Stock Performance
Shares of Fortune Brands Home were trading at $74.27 as of July 28. Over the last 52-week period, shares are up 32.2%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Fortune Brands Home is scheduled to hold the call at 16:30:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/wt52jh7g
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