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Financial Results in Focus: Fortune Brands Home & Security Inc. (NYSE: FBHS)

Deerfield, Illinois, December 15, 2019 – Shares of Fortune Brands Home & Security Inc. (NYSE: FBHS) lost -0.66% to $65.09. The stock grabbed the investor’s attention and traded 1.004M shares as compared to its average daily volume of 1.24M shares. The stock’s institutional ownership stands at 89.30%.

Fortune Brands Home & Security Inc. (NYSE: FBHS) posted revenues of $1.51B for the quarter ended June 2019, missing the Zacks Consensus Estimate by 1.23%. This compares to year-ago revenues of $1.43B. The company has topped consensus revenue estimates just once over the last four quarters. The company came out with quarterly earnings of $1.03 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this maker of products for the home, like faucets, cabinets, windows and doors would post earnings of $0.59 per share when it actually produced earnings of $0.63, delivering a surprise of 6.78%.

FBHS has a market value of $9.08B while its EPS was booked as $2.94 in the last 12 months. The stock has 139.35M shares outstanding. In the profitability analysis, the company has gross profit margin of 35.40% while net profit margin was 7.20%. Beta value of the company was 1.53; beta is used to measure riskiness of the security. Analyst recommendation for this stock stands at 2.40.