Fortune Brands Q3 Adj EPS $1.19 Beats $1.09 Estimate, Sales $1.261B Beat $1.25B Estimate
Portfolio Pulse from Benzinga Newsdesk
Fortune Brands (NYSE:FBIN) reported Q3 adjusted earnings of $1.19 per share, beating the analyst consensus estimate of $1.09 by 9.17%. This is a 2.59% increase over earnings of $1.16 per share from the same period last year. The company also reported quarterly sales of $1.261 billion, beating the analyst consensus estimate of $1.25 billion by 0.48%. This is a 5.52% increase over sales of $1.20 billion the same period last year.
October 25, 2023 | 8:09 pm
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Fortune Brands reported better than expected Q3 earnings and sales, which could positively impact its stock price.
Fortune Brands reported Q3 earnings and sales that beat analyst estimates. This is generally seen as positive news that could drive the stock price up in the short term.
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