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Zacks Investment Research Lowers Fortune Brands Home & Security (NYSE:FBHS) to Hold

Zacks Investment Research is under common control with affiliated entities. or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any.

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FBHS: Fortune Brands Home & Security, Inc. balance sheet. Get the latest balance sheet from Zacks Investment Research.

Story continues On the other hand, the stock currently carries a Zacks Rank of #3. So, this combination indicates that Acuity Brands will most likely beat the consensus EPS estimate. Does Earnings.

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Fortune Brands Home & security (fbhs) meets Q2 Earnings Estimates Zacks Equity Research – Zacks Investment Research – Thu Aug 1, 4:35PM CDT Zacks Equity Research – ZACKS – Thu Aug 1, 4:35PM CDT Fortune Brands Home & Security (FBHS) delivered earnings and revenue surprises of 0.00% and -1.23%, respectively, for the quarter ended June 2019.

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Wall street analysts forecast that Fortune Brands Home & Security Inc (NYSE:FBHS) will report sales of $1.51 billion for the current fiscal quarter, Zacks reports. Six analysts have made estimates for Fortune Brands Home & Security’s earnings. The lowest sales estimate is $1.48 billion and the highest is $1.52 billion.

Zacks Investment Research lowered shares of Fortune Brands Home & Security from a buy rating to a hold rating and set a $60.00 price target on the stock. in a research report on Monday, July 1st.

We issued an updated research report on Fortune Brands Home & Security, Inc. FBHS on Jan 2.. Fortune Brands’ (FBHS) Growth Potential Solid, Risks Remain.. from Zacks Investment Research.

Zacks Investment research cut shares of Fortune Brands Home & Security (NYSE:FBHS) from a hold rating to a sell rating in a report issued on Monday morning, reports. Zacks Investment Research currently has $54.00 price objective on the industrial products company’s stock. According to Zacks, "Fortune Brands’ second-quarter 2019 earnings and revenues improved 3% [.]

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Fortune Brands Home & Security (NYSE:FBHS) updated its FY 2019 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $3.53-3.67 for the period, compared to the Thomson Reuters consensus estimate of $3.66. The company issued revenue guidance of $5.7867805-5.8416315 billion, compared to the consensus revenue estimate of $5.86 billion.Fortune Brands Home [.]