Fortune Brands Home & Security, Inc. (FBHS) reported net income for the first quarter of $12.5 million or $0.08 per share, compared to a net loss of $10.5 million or $0.07 per share for the year-ago quarter.
Excluding items, adjusted earnings per share for the first quarter was $0.08, compared to $0.00 in the prior year quarter.
Net sales for the first quarter rose 12% to $798.8 million from $714.8 million a year earlier.
Analysts polled by Thomson Reuters expected the company to earn $0.03 per share on revenue of $750.15 million for the first quarter. Analysts' estimates typically exclude special items. The company raised its full year 2012 adjusted earnings guidance to a range of $0.77 to $0.87 per share from its prior guidance of $0.66 to $0.74 per share. Analysts currently expect the company to earn $0.76 per share for the full year 2012.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.