Investors looking for stocks in the Retail - Home Furnishings sector might want to consider either Fortune Brands Innovations (FBIN) or Williams-Sonoma (WSM) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Za ...

Core Viewpoint - Fortune Brands Innovations (FBIN) is anticipated to report a year-over-year increase in earnings despite a decline in revenues for the quarter ending December 2024, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - The upcoming earnings report is scheduled for February 6, 2025, with expectations of quarterly earnings at $1.05 per share, reflecting a +10.5% change year-over-year, while revenues are projected to be $1.15 billion, down 1.4% from the previous year [3][2]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analyst expectations [4]. The Most Accurate Estimate is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +2.10%, suggesting a bullish outlook from analysts [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive Earnings ESP is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3, which enhances predictive power [8][9]. Historical Performance - Fortune Brands Innovations has a history of beating consensus EPS estimates, having done so in the last four quarters, including a +0.87% surprise in the most recent quarter [12][13]. Conclusion - While the company is positioned as a compelling earnings-beat candidate, other factors should also be considered when evaluating the stock ahead of the earnings release [16].

I gave a buy rating to Fortune Brands Innovations (NYSE: FBIN ) in August, with my key thesis being that growth should get better as the US macro conditions recover, and with the partnership strategy, medium-termI'm a passionate investor with a strong foundation in fundamental analysis and a keen eye for identifying undervalued companies with long-term growth potential. My investment approach is a blend of value investing principles and a focus on long-term growth. I believe in buying quality companies at a ...

Fortune Brands Innovations (FBIN) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $1.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.87%. A quarter ago, it was expected that this maker of products for the home, like faucets, cabinets, windows and doors would post earnings of $1.12 per share when it actually produced earnings of $1.1 ...

ATLANTA, Oct. 10, 2024 (GLOBE NEWSWIRE) -- FORTNA, a leading automation and software company for the full logistics value chain, in collaboration with Moen, a prominent brand of Fortune Brands Innovations, today opened a state-of-the-art distribution center in North Las Vegas utilizing a FORTNA-designed AutoStore solution. This ribbon-cutting event marks a significant milestone in optimizing operations on the west coast for Moen. The new center is a strategic fit designed to enhance Moen's ability to servic ...

SAN FRANCISCO, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Yale, a leader in smart home security, today launched the "Secure Start" contest, designed to help provide financial and security support for new renters. As rent prices climb and the moving process becomes more challenging—with hefty security deposits and the need for reliable home protection—Yale aims to ease some of these burdens. Starting today, a unique Instagram contest is open, offering a chance to help cover five winners' security deposits and equip t ...

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 energyefficient homes to homebuyers across the country. Moen, the leader in water experiences, has signed a multiyear agreement with Meritage Homes, the fifth-largest public homebuilder in th ...

Tra 41 � - 1 e th T 11 p0 2019 12 27.1 19 17-1 nnen 71.9 ,56 10.9 18.0 125 4 5 22 E Adam Gault FBIN's Historical Net Sales Growth (Company Data, GS Analytics Research) Investment Thesis I last covered Fortune Brands Innovations, Inc. (NYSE:FBIN) in May with a buy rating and the stock has done well since then giving a total return of -10% versus S&P 500's (SPY) >5% increase. I continue to see more upside for the company driven by good execution, market share gains, and new partnerships for its connected prod ...

Core Insights - Fortune Brands Innovations (FBIN) reported revenue of $1.24 billion for the quarter ended June 2024, reflecting a year-over-year increase of 6.6% [1] - The earnings per share (EPS) for the quarter was $1.16, up from $1.07 in the same quarter last year [1] Financial Performance Metrics - Net Sales for Outdoors were reported at $389.40 million, exceeding the average analyst estimate of $387.33 million, representing a year-over-year change of +6.9% [3] - Net Sales for Security were $191 million, falling short of the average estimate of $213.12 million [3] - Net Sales for Water were reported at $659.60 million, below the average estimate of $678.72 million [3] - Operating Income (Non-GAAP) for Water was $153.40 million, compared to the average estimate of $158.20 million [3] - Operating Income (Non-GAAP) for Outdoors was $63.30 million, exceeding the average estimate of $59.70 million [3] - Operating Income (Non-GAAP) for Security was $36.20 million, surpassing the average estimate of $33.19 million [3] - Total Corporate Expenses (Non-GAAP) were reported at -$37 million, compared to the average estimate of -$35.93 million [3] Market Reaction - The reported revenue represented a surprise of -3.06% compared to the Zacks Consensus Estimate of $1.28 billion, while the EPS surprise was +3.57% against a consensus estimate of $1.12 [4] - Over the past month, shares of Fortune Brands Innovations have returned +5.9%, contrasting with a -0.3% change in the Zacks S&P 500 composite [6] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [6]

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Another stock from the same industry, Haverty Furniture (HVT) , has yet to report results for the quarter ended June 2024. Fortune Brands Innovations (FBIN) came out with quarterly ear ...