Fortune Brands Innovations, Inc. (NYSE: FBIN) Faces Challenges in Latest Earnings Report
Fortune Brands Innovations, Inc. (NYSE:FBIN) reported an earnings per share (EPS) of $0.63, missing the estimated $0.99.The company's revenue for the quarter was approximately $1.08 billion, falling short of the estimated $1.14 billion.Despite the setbacks, FBIN's financial metrics such as a price-to-earnings (P/E) ratio of approximately 25.10 and a current ratio of about 1.84 indicate a strong financial foundation.Fortune Brands Innovations, Inc. (NYSE:FBIN), a prominent player in the home, security, and d ...