Fortune Brands Q2 adjusted EPS beats estimates
FBIN•Analyst coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy", 11 "hold" and 1 "sell" or "strong sell".
The average consensus recommendation for the construction supplies & fixtures peer group is "buy".
Wall Street's median 12-month price target for Fortune Brands Innovations Inc is $55.00, about 5.4% above its August 3 closing price of $52.17.
The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 11 three months ago.
Quarterly results
US home, security and digital products firm Fortune Brands said second-quarter revenue fell 4.1%, while adjusted EPS beat analyst expectations.
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Revenue | $1.20 bln | ||
| Q2 Adjusted EPS | Beat | $1.35 | $0.80 (14 Analysts) |
| Q2 Loss Per Share | $0.19 |
Outlook and drivers
The company updated full-year guidance to reflect net tariff refunds and new investments.
- Fortune Brands raised 2026 EPS before charges/gains guidance to $3.22-$3.52, including a $0.52 tariff refund benefit.
- The company expects 2026 net sales to be down low single digits.
- Fortune Brands sees 2026 operating margin before charges/gains at 14.0%-15.0%, up from a prior 13.5%-14.5%.
