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Analysts Expect Fortune Brands Home & Security Inc (FBHS) Will Announce Quarterly Sales of $1.53 Billion

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Fortune Brands Home & Security (NYSE:FBHS) issued an update on its FY19 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $3.53-3.77 for the period, compared to the Thomson Reuters consensus estimate of $3.63. The company issued revenue guidance of 6-7.5% (~$5.81-5.9 billion), compared to the consensus revenue estimate of [.]

comerica bank increased its stake in Fortune Brands Home & Security Inc (NYSE:FBHS) by 19.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 42,850 shares of the industrial products company’s stock after buying an additional 6,989 shares during the period.

The company had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.46 billion. Fortune Brands Home & Security had a return on equity of 21.91% and a net margin of 7.10%. On average, sell-side analysts anticipate that Fortune Brands Home & Security Inc will post 3.63 earnings per share for the current fiscal year.

Fortune Brands Home & Security, Inc. (NYSE: FBHS), an industry-leading home and security products company, today announced third quarter 2013 results and raised its annual outlook for sales and earnings per share. "We continue to leverage our structural competitive advantages and the market recovery.

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According to Zacks, analysts expect that Fortune Brands Home & Security will report full year sales of $5.86 billion for the current fiscal year, with estimates ranging from $5.80 billion to $5.88 billion.

Fortune Brands Home & Security Inc (NYSE:FBHS) has been assigned an average rating of "Hold" from the fourteen analysts that are covering the firm, MarketBeat Ratings reports. One equities.

BlackRock Inc. lowered its stake in Fortune Brands Home & Security Inc (NYSE:FBHS) by 14.9% during the first quarter, Holdings Channel reports. The institutional investor owned 10,366,967 shares of the industrial products company’s stock after selling 1,820,017 shares during the period.

Fortune Brands Home & Security, Inc. (NYSE: FBHS) $ 48.06 USD ( As of 05/31/19 )

Wells Fargo & Company MN boosted its stake in Fortune Brands Home & Security Inc (NYSE:FBHS) by 26.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,643,681 shares of the industrial products company’s.

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