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Fortune Brands Home & Security, Inc. (FBHS) reported a profit for its fourth quarter that increased from last year.


RTTNews | Feb 2, 2021 04:37PM EST

16:36 Tuesday, February 2, 2021 (RTTNews.com) - Fortune Brands Home & Security, Inc. (FBHS) reported a profit for its fourth quarter that increased from last year.

The company's earnings came in at $163.6 million, or $1.16 per share. This compares with $104.1 million, or $0.74 per share, in last year's fourth quarter.

Excluding items, Fortune Brands Home & Security, Inc. reported adjusted earnings of $176.3 million or $1.25 per share for the period.

Analysts had expected the company to earn $1.16 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 12.9% to $1.66 billion from $1.47 billion last year.

Fortune Brands Home & Security, Inc. earnings at a glance:

-Earnings (Q4): $176.3 Mln. vs. $140.6 Mln. last year.-EPS (Q4): $1.25 vs. $1.00 last year.-Analysts Estimate: $1.16-Revenue (Q4): $1.66 Bln vs. $1.47 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3166063/fortune-brands-home-security-inc-q4-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

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