Fortune Brands Home & Security (FBHS) Tops Q3 EPS by 2c; Narrows Outlook
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Fortune Brands Reports Third Quarter Sales and EPS Growth; Confirms 2016 Annual EPS Outlook
October 26, 2016 4:06 PM EDTHighlights from continuing operations:
Q3 2016 sales increased 3 percent year-over-year to $1.28 billion EPS $0.77; EPS before charges/gains increased 25 percent to $0.80, reflecting stronger business performance and lower tax rate Company narrows outlook for full-year 2016 EPS before charges/gains to $2.72 - $2.76 on sales growth of 9 - 10 percentDEERFIELD, Ill.--(BUSINESS WIRE)-- Fortune Brands Home & Security, Inc. (NYSE: FBHS), an industry-leading home and security products company, today announced third quarter 2016 results from continuing operations and confirmed its 2016 annual outlook... More