Fortune Brands Innovations (FBIN) Earnings Expected to Grow: Should You Buy?

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].