Fortune Brands(US:FBIN) ZACKSยท2025-02-07 00:36Core Insights - Fortune Brands Innovations (FBIN) reported $1.1 billion in revenue for Q4 2024, a year-over-year decline of 4.9% [1] - The company's EPS for the same period was $0.98, slightly up from $0.95 a year ago [1] - Revenue fell short of the Zacks Consensus Estimate of $1.15 billion, resulting in a surprise of -3.61% [1] - EPS also missed the consensus estimate of $1.05, with a surprise of -6.67% [1] Revenue Performance - Net Sales in the Outdoors segment were $303 million, below the average estimate of $307.14 million, reflecting a year-over-year decline of 2% [4] - Net Sales in the Security segment were $157 million, significantly lower than the average estimate of $173.36 million, marking a year-over-year decline of 17% [4] - Net Sales in the Water segment were $645 million, slightly below the average estimate of $660.52 million, representing a year-over-year change of -2.7% [4] Operating Income Analysis - Non-GAAP Operating Income for the Water segment was $152.50 million, compared to the average estimate of $154.92 million [4] - Non-GAAP Operating Income for the Outdoors segment was $55.20 million, slightly below the average estimate of $56.66 million [4] - Non-GAAP Operating Income for the Security segment was $14.60 million, significantly lower than the average estimate of $22.26 million [4] - Total Corporate Expenses were reported at -$40.70 million, worse than the average estimate of -$37.85 million [4] Stock Performance - Shares of Fortune Brands Innovations have remained unchanged over the past month, while the Zacks S&P 500 composite increased by 2.1% [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]