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

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 · At the other end of the current quarter income statement, Fortune Brands Home & Security, Inc. is expected to see its adjusted earnings surge by roughly 6.45% to hit $0.99 per share. For the fiscal year, FBHS’s earnings are projected to climb by roughly 8.08% to hit $3.61 per share.

fortune brands home & security, inc. NOTES TO condensed consolidated financial statements (Continued) In June 2016, the Company amended and restated its credit agreement to combine and rollover the revolving credit facility and term loan into a new standalone .25 billion revolving credit facility.

 · Fortune Brands Home & Security Inc (NYSE:FBHS)’s share price fell 5.1% during trading on Friday . The company traded as low as $49.31 and last traded at $49.56, 1,072,285 shares changed hands during mid-day trading. A decline of 26% from the average session volume of 1,458,552 shares. The stock had previously closed at $52.23. Several [.]

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 · What to Expect from Fortune Brands (FBHS) in Q2 Earnings?. shaping up for Fortune Brands Home & Security this quarter.. shows they have the right combination of elements to post.

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This quarterly report represents an earnings surprise of 17.24%. A quarter ago, it was expected that this book publisher would post a loss of $0.07 per share. for the coming quarter and -$0.95 on.

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New York State Teachers Retirement System decreased its stake in Fortune Brands Home & Security Inc (NYSE:FBHS) by 4.2% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 209,994 shares of the industrial products company’s stock after selling 9,153 shares during the quarter. New York [.]

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This quarterly report represents an earnings surprise of 16%. A quarter ago, it was expected that this computer chipmaker would post earnings of $0.73 per. for the coming quarter and $2.99 on $2.86.