Fortune Brands InnovationsNYSE: FBIN

The new Moen facility, designed and delivered by FORTNA, optimizes operational performance The new Moen facility, designed and delivered by FORTNA, optimizes operational performance

DEERFIELD, Ill.--(BUSINESS WIRE)-- #FBIN--Fortune Brands Innovations, Inc. (NYSE: FBIN or “Fortune Brands” or the “Company”), an industry-leading innovation company focused on creating smarter, safer and more beautiful homes and improving lives, will release third quarter 2024 financial results after the market close on Wednesday, November 6, 2024. At 5:00 p.m. ET, Chief Executive Officer Nicholas Fink, Chief Financial Officer David Barry, and Vice President of Investor Relations and Corporate Affairs.

A focus on digitization, e-commerce, product innovation and new marketing techniques is encouraging for the Zacks Retail-Home Furnishing industry players like WSM and FBIN despite a challenging macro backdrop.

A majority of renters say receiving one month of free rent would bring peace of mind; Yale offers a financial helping hand and renter-friendly security with the retrofit Yale Approach Lock A majority of renters say receiving one month of free rent would bring peace of mind; Yale offers a financial helping hand and renter-friendly security with the retrofit Yale Approach Lock

NEW AGREEMENT STRENGTHENS PARTNERSHIP DELIVERING EXCEPTIONAL EXPERIENCES TO HOMEBUYERS WITH UNMATCHED QUALITY AND DURABILITY NORTH OLMSTED, Ohio , Sept. 30, 2024 /PRNewswire/ -- Two leading companies in the home building industry are solidifying their relationship to deliver exceptional plumbing solutions within quality energy-efficient homes to homebuyers across the country.

FBIN Stock has outperformed since my previous buy rating. I see continued upside with revenues benefiting from market share gains, new partnerships, and a more favorable macro environment. The company's margins should benefit from favorable price/cost, improving mix, and volume leverage.

FBIN has a positive growth outlook due to the improving US macro situation and partnership strategy for digital product sales. Recent earnings results show growth across all segments, with strong margins and net earnings growth. FBIN's digital product sales are expected to grow significantly, with partnerships driving potential for revenue growth and margin expansion.

Fortune Brands Innovations (FBIN) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $1.12 per share. This compares to earnings of $1.07 per share a year ago.

Fortune Brands Innovations (FBIN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.