Fortune Brands Home & Security Inc (NYSE:FBHS) Expected to Post Quarterly Sales of $1.53 Billion

Equities analysts expect Fortune Brands Home & Security Inc (NYSE:FBHS) to post $1.53 billion in sales for the current quarter, according to Zacks Investment Research. Seven analysts have provided estimates for Fortune Brands Home & Security’s earnings. The lowest sales estimate is $1.52 billion and the highest is $1.54 billion.

According to these analysts, the Low Revenue Estimate for Fortune Brands Home & Security, Inc. is 1.52 Billion and the High Revenue Estimate is 1.55 Billion. The company had Year Ago Sales of 1.43.

Zacks: Brokerages Expect Fortune Brands Home & Security Inc (NYSE:FBHS) Will Post Quarterly Sales of $1.53 Billion www.americanbankingnews.com – July 29 at 3:52 AM: Brokerages Expect Fortune Brands Home & Security Inc (NYSE:FBHS) to Post $1.03 EPS www.americanbankingnews.com – July 27 at 2:20 AM

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Kavar Capital Partners LLC acquired a new stake in Fortune Brands Home & Security Inc (NYSE:FBHS) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 680 shares of the industrial products company’s stock, valued at approximately $39,000.

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Looking at Fortune Brands Home & Security, Inc.’s (NYSE:FBHS) earnings update in September 2018, analyst consensus outlook appear conservative, with earnings growth rate expected to be 19% next.

Brokerages predict that Fortune Brands Home & Security Inc (NYSE:FBHS) will report sales of $1.53 billion for the current fiscal quarter, according to Zacks. Seven analysts have provided estimates for Fortune Brands Home & Security’s earnings. The lowest sales estimate is $1.52 billion and the highest is $1.54 billion.

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Fortune Brands Home & Security, Inc. closed its last trading session at $55.13 with the gain of 0.2%. The Market Capitalization of the company stands at 7.82 Billion. The Company has 52-week high.

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Fortune Brands Home & Security (NYSE:FBHS) announced its quarterly earnings results on Thursday. The industrial products company reported $1.03 EPS for the quarter, meeting the Zacks’ consensus.

Fortune Brands Home & Security (NYSE:FBHS) issued an update on its FY 2019 earnings guidance on Thursday morning. The company provided EPS guidance of $3.53-3.67 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.66. The company issued revenue guidance of $5.7867805-5.8416315 billion, compared to the consensus revenue estimate of $5.86 billion.Fortune [.]