Fortune Brands Home & Security (FBHS) Misses Q3 EPS by 12c
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Fortune Brands Reports Third Quarter Sales and EPS Growth; Adjusts 2018 Annual EPS Outlook
October 25, 2018 4:05 PM EDTHighlights from continuing operations:
Q3 2018 sales increased 2.4 percent year-over-year to $1.4 billion Q3 2018 EPS declined 17 percent to $0.69; EPS before charges/gains increased 12 percent to $0.93 Hurricane Florence impact significant: 7 cent EPS headwind in September, with most recovered in fourth quarter. Sales growth adjusted for hurricane up 4 percent Company adjusts full-year 2018 EPS outlook: EPS before charges/gains outlook now $3.41 $3.49 on sales growth of 5 6 percent Company will host first investor event in Boston on February 6, 2019DEERFIELD,... More
