DEERFIELD, Ill. (AP) — DEERFIELD, Ill. (AP) — Fortune Brands Innovations, Inc. (FBIN) on Wednesday reported third-quarter earnings of $136.5 million.
On a per-share basis, the Deerfield, Illinois-based company said it had net income of $1.07. Earnings, adjusted for non-recurring costs, came to $1.19 per share.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.07 per share.
The maker of products for the home, like faucets, cabinets, windows and doors posted revenue of $1.26 billion in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $1.25 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FBIN at https://www.zacks.com/ap/FBIN